I cant explain why, but I have an irrational hatred for gold as an asset class.https://twitter.com/jamesgrickards/status/835355731389984768 …
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When you need to bribe a guard, cross the border,pay for medicine in middle of a war....somehow Bitcoin would seem to have no intrinsic value.
To be fair, the collective fiction that gold is valuable has been ongoing for a very long time.
It does have a few useful properties.
The one thing I can say about gold is that you can fit a fairly large amount of it in a box out in the woods for a bad day.
Those are good reasons to not like gold bugs. They aren't good reasons to not like gold. (I'm not so fond of gold as an asset class either, but there's no reason to hate.)
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