Damus
Artisan Regenerative Traditions · 9w
Gold has already shown the playbook of how this plays out. Bitcoin is still in the very first leg and you can already see the incentives are driving it to enormous paper markets. I agree with you on w...
Meyer profile picture
Appreciate your perspective. Need to look into the freehold thesis

I just think bitcoin is far superior to gold in almost every way and the ability for people to self custody, run nodes and transact P2P will counteract paper markets that dominate gold.

Only need a small fraction of the population that actually use bitcoin to avoid what happened to gold. I am hoping that some of us here on nostr will be some of the folks that move us forward and bring in a new era of prosperity
2💯1
Artisan Regenerative Traditions · 9w
Typo on my part, it’s *freegold. You’ll enjoy that rabbit hole. I like your optimism but it certainly will not counteract paper markets. Humans going to human. The good news is that it’s doesn’t need to if you want to use it as MOE because the paper markets will eventually nuke the volatilit...
CraftCanna · 9w
Gold is trapped in vaults so paper can easily capture its price. Bitcoin is money that can teleport. You’re right Meyer. The gold/bitcoin comparisons are dumb and lazy. There are totally different things and what worked on gold will not work on bitcoin.