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Gold and bitcoin have done poorly whenever interest rates have gone up. the hedge is for self custody of wealth. Exponential growth is over though. back to i

• cyanydeez 4y ago
  There's very few pathways where self custody out does collective custody in a modern society. Ergo, it's a mental trap, not a reasonable surety.
  • danuker 4y ago
    In the past year, self-custody of cans of beans outperformed the "modern" collective custody assets such as stocks, bonds, and bank account deposits.
• danuker 4y ago
  That's only true since 2020. Before that, Bitcoin was not very correlated with other assets. Then again, correlation is an iffy metric that does not take into account tail risk.
  • naveen99 4y ago
    No, if you look at bitcoin bear markets of 2014-2015, 2017-2019, interest rates were rising, gold was down as well.