jimbocoin on Nostr: It had seemed so obvious to me that #Bitcoin would completely absorb gold’s ...
It had seemed so obvious to me that #Bitcoin would completely absorb gold’s monetary premium. After all, Bitcoin is the superior money, in part beause it can’t be seized by force.
BUT the might-makes-right property of gold is precisely why governments would prefer to hold it over Bitcoin.
Published at
2024-09-24 14:13:07Event JSON
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"content": "It had seemed so obvious to me that #Bitcoin would completely absorb gold’s monetary premium. After all, Bitcoin is the superior money, in part beause it can’t be seized by force.\n\nBUT the might-makes-right property of gold is precisely why governments would prefer to hold it over Bitcoin.",
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