Topic: The Real Reason to Hold Gold And Bitcoin - page 22. (Read 674499 times)

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.

The real reason to hold bitcoin and gold are it has both have a value. It's actually like an investment. Although both have different advantage and disadvantage, but still it's worth holding this two kind of asset. Holding and collecting gold through a jewelry is meaningful. It's worldwide accepted and will never fade. Bitcoin also is valuable. Even though it's not totally accepted in other country and still in the process of experimental but the good thing is it's price is unstoppable. It keeps on growing up every now and then. So I prefer to hold this two assets of mine.

Gold and bitcoin are good investment, bitcoin still in early stage and unstable but it has the potential to grow bigger than gold, storing gold is good for long term investment, gold will always be valuable and will never be banned, investing in bitcoin got more risk than gold and invest in gold and bitcoin are better than fiat

In my opinion, for those who don't trust the bank, Gold is the best choice to saving money. Not like real estate, stock or cryptocurrency, the price of Gold can keep high price in long time and its value was stable in few years.

its an assets to hold that will bring us good gain, better to buy both and hold, long term will give us benefits of enjoying our life
after, bitcoin still rising while gold already have its good value coming out from the market.

Indeed. I do really agree with you. It is really beneficial holding either Bitcoin and Gold for a long time and gain your benefits when those two have already raised their prices into the top making it more beneficial and has the greater possibility to gain and earn an instant income from the profit you can get from your initial holding quantity. I bet that was also the main reason my most people tend to hold their Bitcoin or Gold so that when the potentiality of raising the price comes, they can benefit with it.

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.

Profit is the main reason why you should hold bitcoin and gold because when you have gold and bitcoin then you are like in a safe position in investing since bitcoin and gold are always going up and if you have both then you can earn a lot of money with those two and it is just need patience at first but it will surely pay off.

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.

I think for long term investment it does not mean to hold bitcoin decades, from long term investment it means to hold bitcoin for 3 to 4 years, and i think the next few years will hopefully be the best time for investment in bitcoin. Because still bitcoin is in beginning stage and still a lot of people have to invest money in bitcoin therefore its price will continue increasing for next few years.

I don't agree that Gold is good to invest in long term ( i'm arguing your opinion ) but for me i choose gold for my investment because if you can see the value or price is higher than gold, so if you invest that you can gain more profit frome it. Anyways, i agree in bitcoin you can instantly sold out or sell your bitcoin rather than gold.

Bitcoin and gold is good to be safe haven. We still cannot use those thing to purchase goods in real life, I mean most of merchant is only accept fiat. The conclusion is the real reason to hold gold and bitcoin is because they want to get profit.

Gold is a good option for long-term investment. But it's not as easy to sell as another currency or bitcoin. Cryptocurrency can be sold instantly, but its high volatility is a significant disadvantage.