@hazz - fairly true
to spruik crypto they marketed btc as gold, and the alt coins are btc options
whereas btc is a liquidity option not an Sov
that's sort of like comparing investing in a real estate developer with investing in land without debt (ie no operating or financial leverage)
its a comparison no sophisticated investment pro would privately agree - its apple vs pears
but main st joe doesnt understand apple vs pears in investing - they just look at price - not what creates price
but what is similar is that silver is an option on the gold price - and to that extent has natural price leverage similar to what BTC has as an option on Tesla
So - purely in price probability distribution patterns - silver is quite similar to BTC
BTC depends on Tesla - which depends on Nasdaq index
Silver depends on gold which depends on US debt, debt/gdp and real interest rates - but inherently gold is less leveraged/volatile than NDX
@hazz - fairly trueto spruik crypto they marketed btc as gold,...
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