It's called "bitcoin" the #babyboomer gold bugs are aging out while like-minded #millennial libertarians, contrarians, speculators and long-term players are opting to take their chances with the new, new gold. (Well, part of the reason anyway)
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Bitcoin isn’t a precious and rare metal...
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Yet the reasons why people buy the two assets are the same. People don't buy things (or assets) they buy the personal (often intangible) benefit they gain from owning that thing - security, status, wealth etc.
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Bitcoin.
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It's a marathon not a sprint
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Too heavy
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BITCOIN
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Until crypto currencies become legitimate or are squashed by the banking industry, gold and other precious metals will remain in limbo. Prices will oscillate but those oscillations will be small. When the first skyscraper is built with 100% crypto, then we pivot.
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Bitcoin, dummies.
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