Quote from: yudi09 on Today at 05:11:28 AM

Quote from: atuzai660619 on June 10, 2023, 09:00:36 AM

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Bro. Bitcoin is different from gold. Bitcoin will never be the same as gold. The difference between the two is very clear that we no longer need to clarify you.
I do not hesitate you have far more knowledge that can distinguish between bitcoin and gold.
In terms of age, Bitcoin is different because gold exists before you are there and still there until you make this topic, while Bitcoin when is it?
Two different contexts make me personally do not want to equate the two.

Imagine someone who wants to invest with a small amount of their own money. They start searching for the right investment options for them. Bitcoin, gold, stocks, the money market, and so on become complicated choices for them. However, believe it or not, Bitcoin and gold have something in common when it comes to investing. You can buy Bitcoin and gold to protect yourself from inflation in traditional currencies and hope to make profits by holding onto them for several years.

Just a friendly reminder of what happened in 1980, which we can interpret as no one accurately predicts the future unless it's a fortunate coincidence. Even though it happened with gold.

https://seekingalpha.com/article/194587-golds-dramatic-rise-and-fall-in-1980s-why-its-important

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Many analysts and journalists do all sorts of historical analysis for gold prices, looking back at the Q1 1980 high of $800 + (nominal price) and using this number in all sorts of statistical comparison. But what one has to be extremely careful about is the fact that this price was an extreme movement which didn't last for too long at that time. Gold moved above $700 and stayed there for just a couple of weeks before dropping into the $300-500 range (nominal) for most of the '80s.

Here's an analogy: gold and gemstones are actually different, but they share similarities as precious jewelry. Hopefully, this context helps us better understand each asset.