Topic: The Real Reason to Hold Gold And Bitcoin - page 16. (Read 674532 times)
gold and bitcoin both have profitable investments but have different prices and risks, I think gold investment has a smaller risk but the profit can be small, and investing in bitcoin has a greater risk but that profit can also be big
Gold and bitcoin are two types of good investment and we deserve to choose, do not put money in one place because if stolen or drop then we will lose everything, and the main reason I choose both because want to get profit in the short term for bitcoin and long term for gold .
Two different assets with different characteristics/attributes. As to bitcoin, we know that it is very volatile where its market price can fall or rise drastically. In contrast, gold is very stable in its value so i think it's a good reason to hold them both because even if bitcoin fluctuates its market price, you still have money because you still have gold with stable value.
In my opinion, the real reason to hold gold is because gold is traditional investment that all people know and they keep their gold in the safety box. and the real reason to hold bitcoin is because bitcoin is a new investment in this century and still in development until all people know about bitcoin and keep bitcoin too like gold. Both have a good chance to be an investment for us especially bitcoin, soon people should make bitcoin like gold and even more expensive than gold like ever before.
The world is run by the state-bank alliance. The top politicians and bankers jointly profit from inflating the values of money and debt with state power -- this system couldn't survive without either side.
See Dissecting the Parasitocracy.
The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit. (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.) The reason is also due to the nature of the state-bank alliance.
Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how. The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children. They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'
So here's the problem with this alliance. When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers. The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument. The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust. In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.
Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone. That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering. Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.
So, the elites will try to suppress non-state assets, but won't kill them, even when given a chance. In the long run, this presents something like a one-way bet for these assets, at current prices.
We hold gold and bitcoin for future purposes.Gold have been very profitable for decade and we can't deny the fact that the more it stays the price inflation takes place so as bitcoin as a digital currency tested through times,the more this trend will go it will continue to be very profitable when we hold it for a long period of time. See Dissecting the Parasitocracy.
The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit. (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.) The reason is also due to the nature of the state-bank alliance.
Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how. The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children. They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'
So here's the problem with this alliance. When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers. The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument. The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust. In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.
Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone. That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering. Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.
So, the elites will try to suppress non-state assets, but won't kill them, even when given a chance. In the long run, this presents something like a one-way bet for these assets, at current prices.
My real reasons to hold gold because gold is the oldest investment that has been used for thousands of years and will never disappear, while the reason I hold bitcoin because I'm sure can get prpfit in a short time.
That is cool if you already have a gold investment because not all people do have a gold ( an actual gold bar ) because finding it is not easy and may require any identification of the owner before he can obtain one. But in the case of bitcoin , bitcoin is verry easy to buy and wont need any further verification although in terms of legitimacy i think gold can win because it has already a physical form while btc dont.
However we can print out our qr code or any other related to out bitcoin aacount and wallets such as private keys , btc address , etc and we can also embed it to a physical coin like shape to replicate a regular currency.
My real reasons to hold gold because gold is the oldest investment that has been used for thousands of years and will never disappear, while the reason I hold bitcoin because I'm sure can get prpfit in a short time.
That is cool if you already have a gold investment because not all people do have a gold ( an actual gold bar ) because finding it is not easy and may require any identification of the owner before he can obtain one. But in the case of bitcoin , bitcoin is verry easy to buy and wont need any further verification although in terms of legitimacy i think gold can win because it has already a physical form while btc dont.
However we can print out our qr code or any other related to out bitcoin aacount and wallets such as private keys , btc address , etc and we can also embed it to a physical coin like shape to replicate a regular currency.
Everything that people doing with gold or bitcoin just because of profit. They are usually saving their money by investing in gold or trying to get profit buying bitcoin.
That is obvious. Why would someone invest on something without himself, profiting on what that people are doing? If he is not getting anything into that, that means he is just wasting his money and his time. Putting it simply, people invest on Gold and on Bitcoin so they can earn good profit in the future when the price is right to sell it.
My real reasons to hold gold because gold is the oldest investment that has been used for thousands of years and will never disappear, while the reason I hold bitcoin because I'm sure can get prpfit in a short time.
The world is run by the state-bank alliance. The top politicians and bankers jointly profit from inflating the values of money and debt with state power -- this system couldn't survive without either side.
See Dissecting the Parasitocracy.
The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit. (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.) The reason is also due to the nature of the state-bank alliance.
Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how. The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children. They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'
So here's the problem with this alliance. When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers. The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument. The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust. In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.
Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone. That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering. Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.
So, the elites will try to suppress non-state assets, but won't kill them, even when given a chance. In the long run, this presents something like a one-way bet for these assets, at current prices.
See Dissecting the Parasitocracy.
The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit. (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.) The reason is also due to the nature of the state-bank alliance.
Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how. The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children. They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'
So here's the problem with this alliance. When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers. The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument. The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust. In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.
Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone. That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering. Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.
So, the elites will try to suppress non-state assets, but won't kill them, even when given a chance. In the long run, this presents something like a one-way bet for these assets, at current prices.
As a pure investor then we must be good at reading opportunities, sometimes people just focus to get profit and willing to wait until a long time, with high bitcoin fluctuations then we can take advantage so that I prefer investing bitcoin than gold.
We need to hold both Bitcoin and gold as our asset. This may not be used now but it may be used in the future. it is beneficial to have an asset which in increase in value. So we are pretty confident with Gold because it is proven that it has an increasing value. On the other hand, bitcoin is the new gold. So I would also hold a certain amount of Bitcoin because there is a boost in price since it started last 2009.
I love to hold bitcoin always.. The real reason to hold gold and bitcoin is : If you hold gold for 1 or 2 years , It will not give too much profit because the price of gold is always stable.. On the other hand bitcoins are not always stable , its up and out with times.. Sometimes the price increases and sometimes decreases. But you can make a lot of profit from Bitcoin after 1 year as much as you can not from gold. And it is very popular. Because you can use it in any case.
Everything that people doing with gold or bitcoin just because of profit. They are usually saving their money by investing in gold or trying to get profit buying bitcoin.
The world is run by the state-bank alliance. The top politicians and bankers jointly profit from inflating the values of money and debt with state power -- this system couldn't survive without either side.
See Dissecting the Parasitocracy.
The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit. (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.) The reason is also due to the nature of the state-bank alliance.
Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how. The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children. They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'
So here's the problem with this alliance. When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers. The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument. The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust. In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.
Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone. That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering. Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.
So, the elites will try to suppress non-state assets, but won't kill them, even when given a chance. In the long run, this presents something like a one-way bet for these assets, at current prices.
See Dissecting the Parasitocracy.
The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit. (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.) The reason is also due to the nature of the state-bank alliance.
Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how. The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children. They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'
So here's the problem with this alliance. When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers. The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument. The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust. In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.
Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone. That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering. Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.
So, the elites will try to suppress non-state assets, but won't kill them, even when given a chance. In the long run, this presents something like a one-way bet for these assets, at current prices.
Gold and bitcoins are both profitable but in my own opinion, bitcoin will be more profitable if it will be going to use for trading, there are a lot of people today who are leaving the corporate world because they earn more income by trading in the market.
Gold and BTC are good investment tools!
Gold has a long history of being a special commodity with monetary properties, and bitcoin is a remarkable experiment in exploring the future of money.
Investing in gold is less risky than investing in bitcoin.
Both of them are good for long term hold but I think bitcoin is more unique because the supply is limited and it is very demanding for the reason that bitcoin is the new gold of this era but bitcoin is much riskier than gold and we always look on the good side which are gold and bitcoin can makes us rich. Gold has a long history of being a special commodity with monetary properties, and bitcoin is a remarkable experiment in exploring the future of money.
Investing in gold is less risky than investing in bitcoin.
Indeed it is the strongest forex in the planet for today .Each and every mouth of individuals talk on bitcoin as currency.Probably this will change ahead of end of the planet as a chips for more rapidly transactions.And individuals will let this due to the fact of a higher technology
I think if the economic development happens all the time, the continued introduction of new gold will result in falling until all gold is introduced. So naturally, the rate of gold inflation is neutral or positive - only the current conditions that produce deflation.
For your savings, you should definitely hold gold and / or Bitcoin. This post does not make sense though because not everyone can expect to gain from an asset. If everyone in the world holds gold and continues to do so, prices will not rise (because price increases will not happen due to increased adoption so it must be due to economic development, which can not happen all the time).
The world is run by the state-bank alliance. The top politicians and bankers jointly profit from inflating the values of money and debt with state power -- this system couldn't survive without either side.
See Dissecting the Parasitocracy.
The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit. (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.) The reason is also due to the nature of the state-bank alliance.
Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how. The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children. They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'
So here's the problem with this alliance. When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers. The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument. The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust. In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.
Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone. That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering. Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.
So, the elites will try to suppress non-state assets, but won't kill them, even when given a chance. In the long run, this presents something like a one-way bet for these assets, at current prices.
They tend to hold bitcoin cause they known is as a gold and just like a gold they are so precious for them and they have a lot of patients to wait and hold the bitcoin cause they know that bitcoin.will gain profits soon. They know what to do and what goin to do. They know how bitcoin.works See Dissecting the Parasitocracy.
The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit. (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.) The reason is also due to the nature of the state-bank alliance.
Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how. The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children. They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'
So here's the problem with this alliance. When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers. The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument. The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust. In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.
Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone. That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering. Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.
So, the elites will try to suppress non-state assets, but won't kill them, even when given a chance. In the long run, this presents something like a one-way bet for these assets, at current prices.
Gold and BTC are good investment tools!
Gold has a long history of being a special commodity with monetary properties, and bitcoin is a remarkable experiment in exploring the future of money.
Investing in gold is less risky than investing in bitcoin.
Gold is the most secure and profitable investment, has a very long history, and besides it has many uses such as jewelry, gold is also spared from fluctuations and inflation so gold is perfect for long-term investment. for bitcoin, this currency is fantastic, because new innovations with decentralization and anonymous nature, it makes a lot of people interested to use it and make bitcoin into potential investmentGold has a long history of being a special commodity with monetary properties, and bitcoin is a remarkable experiment in exploring the future of money.
Investing in gold is less risky than investing in bitcoin.
The world is run by the state-bank alliance. The top politicians and bankers jointly profit from inflating the values of money and debt with state power -- this system couldn't survive without either side.
See Dissecting the Parasitocracy.
The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit. (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.) The reason is also due to the nature of the state-bank alliance.
Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how. The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children. They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'
So here's the problem with this alliance. When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers. The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument. The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust. In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.
Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone. That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering. Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.
So, the elites will try to suppress non-state assets, but won't kill them, even when given a chance. In the long run, this presents something like a one-way bet for these assets, at current prices.
See Dissecting the Parasitocracy.
The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit. (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.) The reason is also due to the nature of the state-bank alliance.
Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how. The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children. They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'
So here's the problem with this alliance. When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers. The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument. The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust. In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.
Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone. That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering. Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.
So, the elites will try to suppress non-state assets, but won't kill them, even when given a chance. In the long run, this presents something like a one-way bet for these assets, at current prices.
I think It depends on what you like. Both is good investment. Gold is more stable than bitcoin. But, Bitcoin ia more profitable when the price is high in last year.
For me it's because they are both proven and tested in terms of our market value. Makes our future secure and brighter. Being an investor that is the best for us.
The main reasons why should people hold gold and bitcoins are, both have a good store of value and both also can be consider as an asset and investment. Due to its high increase of value or marketprice in the future, undeniably they can be good for longterm investments.
The world is run by the state-bank alliance. The top politicians and bankers jointly profit from inflating the values of money and debt with state power -- this system couldn't survive without either side.
See Dissecting the Parasitocracy.
The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit. (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.) The reason is also due to the nature of the state-bank alliance.
Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how. The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children. They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'
So here's the problem with this alliance. When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers. The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument. The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust. In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.
Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone. That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering. Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.
So, the elites will try to suppress non-state assets, but won't kill them, even when given a chance. In the long run, this presents something like a one-way bet for these assets, at current prices.
See Dissecting the Parasitocracy.
The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit. (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.) The reason is also due to the nature of the state-bank alliance.
Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how. The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children. They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'
So here's the problem with this alliance. When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers. The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument. The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust. In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.
Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone. That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering. Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.
So, the elites will try to suppress non-state assets, but won't kill them, even when given a chance. In the long run, this presents something like a one-way bet for these assets, at current prices.
I think It depends on what you like. Both is good investment. Gold is more stable than bitcoin. But, Bitcoin ia more profitable when the price is high in last year.
For me it's because they are both proven and tested in terms of our market value. Makes our future secure and brighter. Being an investor that is the best for us.
The main reasons why should people hold gold and bitcoins are, both have a good store of value and both also can be consider as an asset and investment. Due to its high increase of value or marketprice in the future, undeniably they can be good for longterm investments.
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