In someways bitcoin is better than gold and silver.
Except bitcoin has zero intrinsic value. You can't eat it, smoke it, live in it, drive it, or hang it on your wall. It is nothing but a series of ones and zeros, and at some point it will simply go out of existence, and a bunch of people who thought they were rich will have nothing.
Check out Money Masters on Bitchute. Sadly, gold and silver have been manipulated and controlled in the past too. Funny enough, the most effective currency of the people was made with sticks split down the center that had to match the other half kept by the King. It lasted over 1000 years. This is a trickier subject than a lot of people realize.
Like the dollar then
Yup.
The fact it has zero intrinsic physical value makes it better at what it does. I would argue its intrinsic value is tied to its nature. It cant be easily stolen, it can't be faked. It can bypass political controls to an extent. You can carry your wealth as a 24 word mnemonic anywhere in the world and it will be safe.
Physical assets cannot do that. They can be taxed, stolen, destroyed. As long as the blockchain is secure your crypto is safe.
Silver and gold's intrinsic value are essentially arbitrary like any value they are subjective. A gold coin or a bottle of water when lost in the desert?
I still trust gold and silver over crypto due to the long historical use. I can see cryptos being the money of the future. To me it is a question of letting the government control it or networks of people outside the beast system. Hopefully, I'm not sure it will be bitcoin, there will be a crypto that we can use to sidestep the beast system. Until then stack PMs
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