Post
Topic
Board Economics
Re: Central banks and financial instutions selling gold to retail to buy crypto
by
doomloop
on 08/05/2025, 18:54:51 UTC
Even if that's true I can understand, not much utility for gold meanwhile BTC is the hottest high performing asset of now.

Always remember gold supply is not finite, like it or not there are so many ways for gold to lose its value in the future with advancement of technology, it only need one asteroid with gold content that's mineable + sufficient space mining tech and gold value will plummet and honestly
we're not really far from that. Some people might call me lunatic for saying this.
No one will call you lunatic because now in which era we are living many things are possible which was not looking to happen before this just because of this I am also feeling Gold price can be gone down with Bitcoin is surely having good future.

Increase of utility and as it's spreading now things are taking changes and confidence level is also increasing which is positive sign for community and world even still few things are creating mess up, but these could be also solved. Bitcoin is going to be rule in investment and many other things which are surely going to give new highs and many other opportunities which were looking not possible few years back many countries are now coming ahead for having positive strategy for bitcoin with few are also going to add this in as reserves which is surely huge breakthrough.