ericfj on Nostr: Maybe preaching to the choir here but IMO nothing will make you a Bitcoiner faster ...
Maybe preaching to the choir here but IMO nothing will make you a Bitcoiner faster than if you ever try to (properly) self-custody gold. Security, insurance… fucking humidity considerations… I could go on.
Probably not the worst asset to own in a global conflict, and the squeeze will definitely continue here, but my god for an average person this is dead monetary technology. Good luck not getting robbed while you make trades in your Mad Max scenario: better have stocked up on guns too.
Here’s the tell: an ETF like PHYS makes more sense than real gold for most average people with a brain, while Bitcoin ETFs are fucking useless compared to self custody for the same category of folks.
Open for discussion to any hardcore gold bugs LOL let’s do this.
Probably not the worst asset to own in a global conflict, and the squeeze will definitely continue here, but my god for an average person this is dead monetary technology. Good luck not getting robbed while you make trades in your Mad Max scenario: better have stocked up on guns too.
Here’s the tell: an ETF like PHYS makes more sense than real gold for most average people with a brain, while Bitcoin ETFs are fucking useless compared to self custody for the same category of folks.
Open for discussion to any hardcore gold bugs LOL let’s do this.