Bitcoin is cash. As cash, it comprises only a small part of…

Twetch · August 10, 2019

Bitcoin is cash. As cash, it comprises only a small part of the overall economy. Don’t be fooled into thinking that shares, gold and property will somehow become worthless and their values subsumed by the ledger. This is baseless idolatry. HODL insanity.

Replies

Twetch · August 10, 2019

Wise words. When BTCers say :
Gold 7T
BTC 0.2T
They assume Gold would be worthless. But the matter of fact is, my mom and grandma buy Gold not as a SoV but because they like to wear it. It reflects status in society. Gold always has value and thus SoV.