2D·

Digital "gold"

Dear community, let's agree that the term digital "gold" for $BTC (+0.38%) is of course nonsense. Just how far away from "gold" it is is becoming apparent in the crisis, especially and probably always.


Or is it really just the love of Beavis from the Oval that's $BTC (+0.38%) is getting to you 🤔😂

7
28 Comments

profile image
I agree that your post is nonsense, of course 👍
35
profile image
@DonkeyInvestor I agree that 98% of your posts on getquin are garbage.
1
profile image
@DividendenWaschbaer true. And yet I have three times as many followers as you.
1
profile image
@DonkeyInvestor Which in turn proves that you can get further with nonsense. But I'd rather stick to quality than quantity.
2
profile image
@DividendenWaschbaer I would say the same now if I had three times fewer followers than the donkey
1
profile image
@DonkeyInvestor Thank you for publicly admitting that you regularly agree with me.
Well. How many followers you have says nothing at all about the quality of your content. Since everyone has a different opinion about Bitcoin, you shouldn't talk about everyone in the community. Of course it's not digital gold, but another currency that has nothing to do with gold. As things stand now (before the SPD CDU change), however, it is treated quite similarly and is, in my opinion, the future gold. Very similar, the same no. Colloquially, many simply call it digital gold and everyone understands what is meant by that
profile image
@Maddy-0 there are no better contributions than mine
1
profile image
@DividendenWaschbaer regularly can also be once every 20 years
1
profile image
Calling Bitcoin digital gold is just an analogy to quickly explain the characteristics of Bitcoin.

However, Bitcoin is superior to gold in pretty much every respect.
After just 16 years of continuous FUD in the media, the broad market does not yet understand this, of course, which also explains why Bitcoin still moves more like a risk-on asset and is worth much less than gold in terms of market capitalization. However, this also means that those who understand it before the broad market will reap the greatest returns :)
20
profile image
Now all Bitcoin opponents are crawling out of their holes again. 😃Always the same game.🔄
6
@Alexander_Bitcoin No, I'm not an opponent, I keep some myself. But isn't it true that the difference is simply enormous? At least for now?
The differences become extreme after the left-wing government and its changes
profile image
If you don't have Bitcoin, you don't have to complain later if you are denied access to the Citadel. ☝️😌
6
profile image
@BigMo the word on Samstag🙏🏼
1
@BigMo Get well soon 😂
profile image
I find it cool how the topic of Bitcoin vs gold triggers. Basically, everyone should consider this:

You don't have to buy BTC.
You don't have to buy gold.

You can buy what you want and we will all see how things have gone in 5, 10 or 15 years' time.

As an old white man, of course I don't have Bitcoin. Out of stubbornness - just to annoy you. And in 15 years' time, I'll say that everything is totally unfair and I'll shout: 'Redistribution! I want redistribution!'🧨
4
@NichtRelevant I didn't want to trigger this at all with my post... I just wanted to reflect on the current price gap between the two and realize that there are quite obvious differences, and these are quite massive. 🤷‍♂️🤗
profile image
@bull_investor_vkmhk Haha. Yes. I just think that there are a lot of people - especially young people - who see BTC as a kind of religion and the opportunity for their generation to get rich quickly and predictably. So there are a lot of lifelong dreams attached to it and that leads to the emotional response.

In theory, there are indeed parallels between precious metals and BTC, as they cannot be multiplied at will and are independent of central banks, etc.
BTC just has a very manageable history and we will see whether BTC actually has what it takes to become a crisis currency in a crisis. Not at the moment, as the highs are no longer there - but gold is. Maybe I'm painting too dark a picture here, but I might still be able to exchange gold for something edible after a thermonuclear exchange of blows, but with BTC it will be difficult if the electrical circuits of widely available end devices are fried by an EMP.
2
profile image
Of course that's nonsense. Gold is analog bitcoin.
2
profile image
For me, Bitcoin is the modern answer to what gold once was for *most of humanity today*: an immutable store of value. It is and remains my digital equivalent of reserve security. Perhaps you should take a closer look at whether you really understand the essence of Bitcoin. LG
2
profile image
@HyFive I'm glad that so few people still understand it, so I still have enough time to stack satoshis :D
profile image
@getused That's right, you should really be grateful to them. :P
1
profile image
Take a look at the graph and project this onto the next few years

https://ibb.co/svBRYvJQ
1
@getused yeah looks very stable...
profile image
Hm...so if things get really bad you can try exchanging bitcoins for food.
1
profile image
@AlexisMachine If it really crashes, you can't eat gold either.
Maybe collect crown caps as a precaution? 🤔
Bitcoin seems wildly unstable in the long run, it wil be seen as a useless relic in 10 years
Join the conversation