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29229392 No.29229392 [Reply] [Original]

>> No.29229526

>>29229392
Musk is right though? You down actually own gold unless you hold it in your hand. If it's "gold futures" its basically as real as BTC.

>> No.29229730

On a side note. BTC and gold shouldn’t even be in argument with one another. They aren’t competing with each other. Gold has been de-monetized by governments already, so for all intents and purposes gold is already mostly irrelevant. The dollar price of gold just represents how unstable, volatile, and lack of store of value the dollar is. So people are idiots to stay...but Bitcoin is outgaining gold. Bitcoin could go to $1,000,000 and overtake golds market cap and it still wouldn’t make gold any less valuable than its always been.

Why would you be valuing gold in terms of dollars anyway? You make it with gold in a reset. Gold didn’t all of sudden become valuable when America was born and the dollar was created. The entire point of owning gold is because the dollar is a scam.... and it was gold that gave value to the dollar. So valuing gold in terms of dollars is a meaningless