"Bitcoin has no intrinsic value. Gold does!"
Oh, does it now?
Let me blow your mind: 95% of gold sits in vaults doing absolutely nothing.
It's not powering electronics at scale. It's not being worn. It's just... sitting there. Because humans decided it's valuable.
That's not intrinsic value. That's monetary premium.
The exact same thing Bitcoin has. Except Bitcoin does it better:
• Harder to confiscate
• Easier to verify
• Impossible to counterfeit
• Infinitely divisible
• Moves at the speed of light across the planet
The "intrinsic value" argument is pure copium. If jewelry demand vanished tomorrow, gold would still be valuable—not because you can make circuits with it, but because of its monetary properties.
Just like Bitcoin.
"Gold will be the reserve currency!"
The gold standard failed. You know why?
Because governments couldn't print their way out of wars and welfare programs while on it. So they ditched it.
They called it "flexibility." I call it theft.
"Moderate inflation (~2%) is good!"
Good for WHO exactly?
Not savers. Not workers. Not anyone whose paycheck is denominated in melting currency.
Inflation is a hidden tax. It quietly transfers wealth from you to asset holders and everyone closest to the money printer: governments, banks, the Cantillon crew.
"But 2% is harmless!"
Really? Compound that over 30 years and your dollar loses about 45% of its purchasing power.
But wait, it gets worse.
Real monetary expansion runs closer to 6%. At that rate, your dollar loses HALF its value in roughly 12 years.
Ouch.
#Bitcoin fixes this.
#nostr #gold #power
