WelcomeUser Guide
ToSPrivacyCanary
DonateBugsLicense

©2025 Poal.co

(post is archived)

[–] 0 pt

Gold is near worthless. Muh color is pretty. It's backing is way over stated.

Golds use was scarcity and that day is past.

Crypto use is more than scarcity and that scarcity is actually genuine

[–] -1 pt

Oh my goodness, you're about to learn the hard way. That's terribly wrong.

[–] 0 pt

Confirm that you are aware that gold and silver is inflated by paper stockpiles?

This is why twenty years of muh inflation buy muh gold has seen little gold price movement.

Crypto individually cannot be inflated. Though they are inflating the crypto market through new currencies.

Oh and admit that crypto can be bought and sold without trade losses

[–] 0 pt

Yeah I know, but crypto isn't a hard asset. What are you gonna do when the fed wipes it out?

Of course I guess with enough guns they could confiscate gold.

I'm solidly with Peter Schiff on this. And as you may know Schiff and his kid are at loggerheads over bitcoin.

My kid loves bitcoin as well. And it's a great concept, to free yourselves from the system. But it's not gold and gold is the only real wealth asset. Gold is for wealth preservation.

It is God's money and has been valued as wealth for centuries and that will never change.

Why not at least have some gold, maybe also some silver?

You may or may not be interested in 'freegold,' the concept is explained here but you gotta put your thinking cap on. When gold will be freed from any paper peg and float freely across the world and be used 'freely.'

https://ingoldwetrust.report/wp-content/uploads/2019/05/IGWT_2019_SPECIAL_Freegold_EN.pdf

I understand it to a degree but not as much as others who are brainier than me.