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by alwillis 1916 days ago
Its a failure if you want a stable store of value heged against inflation, which is what gold is.

That may have been true in the past but not likely to be the case going forward.

Stable is in the eye of the beholder; over the coming years, much of the $10 trillion dollars of the gold market will flow to bitcoin.

Just in general, Bitcoin is kicking gold’s ass:

    $1 Invested in Bitcoin vs Gold over 11.4 years
Bitcoin:$71,133,300.00 | Gold:$1.66

https://charts.woobull.com/bitcoin-vs-gold/

1 comments

I dont think you understand what the word stable means. If you are appreciating significant value, its not stable.