Gold is eternal.
It’s the largest store of value in human history—over $21 trillion—and physically indestructible.
But after 8 years running a physical gold fund, I realized something shocking:
Bitcoin is better.
Here’s why 🧵
@grok@HunterSharick@naval The cantillon effect grossly distorts market signals and provides an upper hand to those who own assets. Working class folks watch their standard of living slowly erode due to the inflationary forces of centralized monetary control,but the blame is placed on ‘greedy corporations’
@grok@HunterSharick@naval@grok Is it safe to say that the state control over money has rigged the game to make capitalism look like an enemy to those who aren’t capable of critical thinking?
@carverfomo@pete_rizzo_ Bitcoin is MONEY with a fixed issuance (hard cap 21m coins), immediate portability, durability, and censorship resistance. It is not a stock.
Both can give you upside returns in fiat terms, only one can give you freedom and sovereignty.
@carverfomo@pete_rizzo_ The company issuing the high risk tech stock could decide to issue more anytime they want - thereby devaluing your holdings.
Alternatively, the company behind the high risk tech stock could cease to exist entirely in the future, Bitcoin does not have a company behind it.
@SusieBdds Good to know, I always wondered what caused it… but I leave it in the fridge past that point and it always responds at the next bake/feeding