Post
Topic
Board Economics
Re: Better Money: Gold, Fiat, Or Bitcoin?
by
trendcoin
on 05/06/2024, 23:31:03 UTC
Listen what this Austrian Economics / Mises Institute author of a book titled Better Money: Gold, Fiat, Or Bitcoin? says here:

https://youtu.be/g7vI957pg7U&t=2597

Quote from: author of «Better Money: Gold, Fiat, Or Bitcoin?»
I don't see any reason to think that the price of Bitcoin is going to be predictably higher in the future.
🤦‍♂️

To me, gold and Bitcoin fall into the same category as they are both solid forms of currency. Bitcoin has a limited supply, and gold's supply is also limited. Both serve as a store of value. Fiat currency is vulnerable to inflationary pressures, and it's rare to find anyone who prefers fiat currencies. Instead of carrying fiat currency, I use my credit card for all my purchases. When I have cash flow, I pay off my credit card and invest the remaining money in limited-supply assets like gold or Bitcoin...