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The S&P is actually down since 1970 as measured in gold. Gold is strictly worse than Bitcoin on every front save for its ability to be used offline. (But even
by atweiden 5y ago
The S&P is actually down since 1970 as measured in gold. Gold is strictly worse than Bitcoin on every front save for its ability to be used offline.
(But even offline, gold transactions would require a great deal of care wrt anti-counterfeiting, and this is an edge case given gold’s primary use is as a speculative store of value.)