I don’t think so, nor is it even trying…
The only common denominator for gold and Bitcoin
is that they share the same enemy.
And as the old saying goes, the enemy of my enemy is my friend.
Bitcoin is a decentralized currency, a competitor of all
centrally controlled fiat currencies, like the U.S. dollar.
Gold is money. It’s the final destination, a tangible, physical asset whose
real value is that it is money.
This is something central planners have desperately tried
to get people to forget.
Bitcoin is still in the Wild West compared to boring old gold that
you place in a vault or safe hiding spot, never to be used unless
it’s a real emergency.
The blockchain itself is a digital revolution.
Stocks, bonds, mortgages, deeds, patent applications, and the currency
market will all soon be identified through the blockchain.
Behemoths like Microsoft, IBM, Goldman Sachs, JP Morgan,
and Cisco are all moving in this direction.
You have to separate the two; not gold and Bitcoin,
but Bitcoin and the blockchain.
For the cryptocurrencies, Bitcoin is truly decentralized, and as our friend
Andy Hoffman pointed out, this ban from China on new ICOs
(initial coin offerings) is bullish for Bitcoin.
Not only are Chinese regulators banning future Bitcoin competitors,
but it once again spotlights the value of a decentralized Bitcoin.
Not China or any other government can come shut “Bitcoin Inc.” down because
there is no Bitcoin Inc.
It’s an open-source code on the Internet that is supported by more computing
power than all of the top defense agencies on Earth.
In our opinion, Bitcoin vs. gold is like comparing your smartphone
and speaking in person.
As the Bitcoin market cap overtakes the gold ETF value, a lot of comparisons will be made,
but the truth is that they are both very different in their use
and very much alike in who their enemy is.
We are very bullish on both Bitcoin and gold, especially over the next 5 to 10 years,
as we see a massive sovereign debt crisis
unfolding both here and abroad.
We like gold because it’s the ultimate hedge and form of money
one can own.
We like Bitcoin because it allows global transactions outside
of the current fiat monetary system
The fiat currencies are all circling the drain, and gold, Bitcoin,
And Other 7 Minable Crypto Currencies will dramatically increase
in real value during this time.
Buy Your Bitcoin from us today!