mrjakewoodhouse on Nostr: Bullish on gold Extra bullish on Bitcoin Why? For every fiat unit that Gold scoops ...
Bullish on gold
Extra bullish on Bitcoin
Why?
For every fiat unit that Gold scoops up, whether that be RMB, USD, EUR, whatever, is a piece of capital that is there for the taking by Bitcoin
Gold = good at storing value over time, but as we've seen, not space
Bitcoin = good at storing value over time and space
This fact alone makes Bitcoin a 10x on Gold in my view
So it's only a matter of time before the market figures this out, and Bitcoin starts to eat the TAM of Gold
Extra bullish on Bitcoin
Why?
For every fiat unit that Gold scoops up, whether that be RMB, USD, EUR, whatever, is a piece of capital that is there for the taking by Bitcoin
Gold = good at storing value over time, but as we've seen, not space
Bitcoin = good at storing value over time and space
This fact alone makes Bitcoin a 10x on Gold in my view
So it's only a matter of time before the market figures this out, and Bitcoin starts to eat the TAM of Gold