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Bitcoin Vs Gold (Analog Vs Digital)

  1. Hope333
    2,123 Posts.
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    22/02/21
    14:49
    Post #: 51217190
    The bitcoin is very good asset. However, still many uncertainties for bitcoin in the future.

    But gold is quite stable and tangible. So bitcoin and gold are both good asset now. Bitcoin is 1/10 of gold market cap, so bitcoin still can reduce the gap.

    There is no conflict between bitcoin and gold. Again, bitcoin may have bubble in the future, but gold always can be as both commodity and currency. But bitcoin is not.
    RSG Price at posting: 63.5¢ Sentiment: Buy Disclosure: Held
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  3. ramAustralia
    22,866 Posts.
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    22/02/21
    16:20
    Post #: 51220917
    Also the wires/leads connecting the integrated circuits to the printed circuit boards in your smart phone, or tablet, or computer, are gold. Gold is valuable without Bitcoin, but Bitcoin is worthless without gold.

    Gold is still selling well below its industrial use price, which is approximately that of Palladium and Platinum, and usually falls above Palladium and just below Platinum.

    RSG Price at posting: 63.5¢ Sentiment: Buy Disclosure: Held
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