In what ways do the historical narratives and cultural perceptions surrounding gold as a traditional store of value intersect with the emerging narrative and evolving cultural perception of Bitcoin as a digital store of value, and how might these intersections shape the future landscape of global wealth preservation?
Thank you for sharing your insights and perspectives!
I do think that gold became more of a traditional store of value during the historical times when the U.S were so dabbled in the civil wars and needed funds. Fortunately there was gold to fund troops and feed and for use to rebuild.
The country boast of having the highest gold reserve in the world hence why it remains world power and when it comes to technological advancements and innovations that includes the block chain and cryptocurrencies in general they sure are not left behind while making every effort to regulate and own as much spot exchange traded funds asset and Bitcoin ATM machines as well as it being accepted for payments upon completion of transactions.
What I find as the intersection is that a gold reserve as a store of value and Bitcoin assets as same, remain a key to independence and sovereignty of the owners because it is sure to remain valued and with potential of getting to an ATH that is as a result of its demand and supply accordingly.