>>60801785
Gold is the representation of the Sun, while silver is of the Moon. Every culture on this planet understood this since the dawn of times >>60801788
midwit tech pleb faggot take
>>60801794 >why the USD has value
It ultimately won't. It currently does because people have faith in it. But when it gets hyper inflated to worthless like all fiat currencies end up doing, they'll look for hard assets to store wealth in.
>>60801804 >It wouldn't be a valuable metal if that was all we wanted it for
Banks buying it is the number one driver of price... >>60801801 >tech pleb
Ted K. was right.
>>60801823 >same bs story that pumps btc
There's a major difference between gold (real asset) and BTC (fake, NSA made asset to keep you from buying physical assets).
>>60801832
So? It's the same thing that pumps both assets, the belief that they will keep pumping (i.e. the "monetary premium"). You may think that one is better than the other, but that doesn't change the fact. Gold is not valuable because of muh electronics.
>>60801732 >If he doesn't paperhand it, then yes, probably
Pretty much. If he holds for a while, he'll be able to liquidate it at a much higher price, but will it be worthwhile inflation adjusted?
>>60801793 >There's only one gold, only one silver.
there's only one Bitcoin, and that's BTC.
Everything else is essentially a shitcoin. BTC wins by virtue of being the first and having a limited, quanitifiable supply. I think Satoshi being in the wind and a huge mystery adds to the allure.
>>60802630 >It is at all time high.
All that statement means is you're buying into a bullrun.
I bought at an ATH, it was 19k. It being ATH at the time meant nothing