1) Governments can seize gold, bitcoin is unseizable. 2) How do you send gold from Nebraska to Siberia 3) Bitcoin supply growth / stock-to-flow ratio will be lower than gold —> better Store of Value
Would gold have value in that world though? I’d say only things like food, oil, weapons, and legit industrial weapons would have value then... Gold’s industrial use-value isn’t even as extensive as silver or platinum
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Separate value from ownership. You would still own Eurobonds, it just their value will be close to 0 (a call option that EU will be revived in the future). Same applies to gold. But gold is a natural scarcity, while Eurobonds is an artificial scarcity just like Bitcoin.
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