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If you consider the amount of investment dollars parked in gold and metals relative to the amount of total investment dollars/flows in other financialized asset
by spinchange 6y ago
If you consider the amount of investment dollars parked in gold and metals relative to the amount of total investment dollars/flows in other financialized assets, isn't the answer kind of self evident? Sure, there are worse stores of value but there are better, more stable (and modern) ones that are more prevalent in actual practice. Much of the total interest in gold is emotional or speculative too.
- toyg 6y agoBut the point is, it's not an exclusive choice. BTC will coexist with other commodities. It won't be the be-all-end-all of financial transactions, but it will probably endure.