mf on Nostr: Gold is the same; it requires faith too. For thousands of years, people in China had ...
Gold is the same; it requires faith too.
For thousands of years, people in China had their faith in silver, storing generational wealth in it. However, when all the other countries adopted the gold standard, the value of silver dropped significantly, leading to the destruction of China’s wealth.
Now, #Bitcoin is poised to do the same to gold.
https://x.com/peterschiff/status/1861118802034880737?s=46&t=oH8J5zr86T6mZCQY7lbTaQ
For thousands of years, people in China had their faith in silver, storing generational wealth in it. However, when all the other countries adopted the gold standard, the value of silver dropped significantly, leading to the destruction of China’s wealth.
Now, #Bitcoin is poised to do the same to gold.
https://x.com/peterschiff/status/1861118802034880737?s=46&t=oH8J5zr86T6mZCQY7lbTaQ