Bitcoin vs Gold – Should we even be comparing this as similar investments?
Erik Wetterling, Founder of the Hedgeless Horseman has been thinking a lot about Bitcoin and cryptocurrencies in general. He notes all the bullish arguments around Bitcoin and focuses on the pundits that say it’s digital gold. I weigh in playing devil’s advocate to provide a balance to the discussion.
I will have some other guests weigh in on today’s selloff in gold and commodities broadly. Stay tuned for those interviews.
Lohan Financial Services…. 😉
STATS: https://ibb.co/8cYn50F
(Short term) GBTC bottom today?
Eric:
I appreciate your thoughts. At the top, always, skeptical thoughts are unpopular. But following a ditz like Lindsey Lohan. Come on…….!
The Hedgeless Horseman is sharp dude, and I like getting his take on things.
+
Cory..awesome questions ..absolutely great job!!!
Al and Doc can load up with bitcoin, but I’d rather buy gold and silver mines.
I just bought more NFGFF before the close. Soon they’ll have 8 rigs drilling and finding another Fosterville near surface.
Steve Hanke – Why Bitcoin will ‘death spiral’ to $0 and Fed Chair Powell is ‘delusional’
Kitco News – Feb 24, 2021
0:00 – Bitcoin’s fundamental value
10:22 – The “ideal” cryptocurrency
14:02 – Federal Reserve’s inflation outlook
19:51 – Canadian CPI revision
On all the renovation shows these days everyone wants a big island in their kitchen, I don’t like kitchen islands because they define the space and people are usually seated next to each other on uncomfortable bar stools. This makes it impossible to have a meaningful conversation during meal times with everyone facing straight ahead. I also don’t like Bitcoin, it makes a noise for me like fingernails on a chalkboard. I would rather forget that it exists and I’m sure it will end up in the cemetery. LOL! DT
Lol……..good one DT……
Haha! DT is sound like you have a lot to be concerned with from crampt Kitchen Islands to the noise that Bitcoin makes. 😉
If you get all bunched up when Bitcoin is making fingernails on the chalkboard sounds; then just listen to the Bitcoin Bubble song, and it will cheer you up and raise your spirits.
“No man is a kitchen island”
+1 David. Well-stated.
Completely agree with Erik. When your parents still do not know how to exchange fiat for silver or gold coins but proceed to buy bitcoin and ask you how it works, I can only laugh at this point. Buy something up over 15000% or store of value.
…”Lindsey Lohan” says buy BC…😂