⌜Jan⌝'s avatar
⌜Jan⌝ 2 months ago
I don’t get the gold vs Bitcoin debate. If you like one, it’s not crazy to kinda like the other for most of the same reasons.

Replies (7)

⌜Jan⌝'s avatar
⌜Jan⌝ 2 months ago
Which mess? The one where we printed dollars into oblivion after going off the gold standard?
⌜Jan⌝'s avatar
⌜Jan⌝ 2 months ago
Nixon only “temporarily” suspended the gold standard. Maybe it will be money again one day. 😂
⌜Jan⌝'s avatar
⌜Jan⌝ 2 months ago
Americans waiting for the temporary suspension of the gold standard to end. image
⌜Jan⌝'s avatar
⌜Jan⌝ 2 months ago
No asset will be a medium of exchange if you get taxed on it (the capital gain on increased value) when you spend it. Bitcoiners should give up on that. It’s a place to store wealth. Period. Governments put a walled garden around their currencies using tax laws, otherwise nobody would hold their domestic currencies. Governments know if they removed the tax implications, the flood to abandon their currency would be swift (pun intended).
People have to give up on their stupid governments first. I'm not saying it's happening in our lifetime