Bitcoin exceeds gold, but yellow metal contains the long -term value advantage

I have seen Bitcoin () and crypto in general as a speculation to varying degrees from day 1. NFT? Well, as soon as NFT/crypto drones NFTRh (@nfttrhgt) about what was then Twitter simply for three letters in the abbreviated name of my service (notes of the rabbit burrow), my fraud with red and broken lined. “Memes coins”?

Well, I told you that my scam-o-meter broke, so I will use my b/s detector to take a look at the Crypto vs. sphere.

Crypto and especially its speculative external edges are logical components of the mass variety of investments and speculations that have been exponentially driven by the decades bubble in monetary and fiscal policies designed to inflate assets prices at all costs. The Fed and the Government are working from different angles on the same street.

It is a bubble that now indicates that it is finishing (if it is not yet blown) due to a ton of indicators that we have tracked during the last year+ and in the case of the “continuum”, since its great breakdown of trend in 2022. Here is the image not so precise *, although the details about this and other macro indicators are beyond the scope of this article.

* Unless you, like me, are a nerd of the macro market.

The history of the general cryptography that the public finds so attractive is actually quite convincing; Technology and its unlimited power (unless someone triggers through the plug), art/design and creativity centered on the meme combine in theoretically free of the tyranny of the central banking system and the notes of the currency of the trap debt in its nucleus.

Friends, the bubble is hitting its zenith. It is a play. Go ahead and play if you want. But understand that he is speculating, not investing (and is not one of these 58 wallets).

The bubbles finally exploded, and the exterior scopes of this will simply vaporize, as the NFT scam did, while Bitcoin’s tastes, when not used to go out with the elderly of their savings or to blackmail people with threats by email to expose to the, err, err, err, err, err, err, err, err, err, err, err, err, err, err, err, err, err, err, err. staff The things behind their screens can have something useful. The conventional corporate world has been broken in some cases.

But slogaering? Only Hodl and get rich! That is the main launch for rookie market players and is a promotion for ages. Crypto is figuratively sold to the public as currency outside the mainstream and outside the Government’s claws. It is represented by its gurus (promoters) as security and protection against the abuse of government and monetary policies. Is sold as a monetary value of some kind, which resides in server farms and organized by personal wallets and transaction systems.

Well, children, good luck with that. Once again, what happens when someone stumbles with the cable or worse, decide To turn off the lights? Not only its speculation in the tubes, but the “value” that never was will be too evident.

I find that the furious debates in social networks between gold promoters and Bitcoin promoters are especially comic. This battle of the Titans attracts all types of ocular balloons transformed from the crowds that know that there is something very bad with the system that is/era. But only because both elements are forms of protest and monetary repulsion, it does not mean that they are even in the same universe, much less in the stadium.

• Bitcoin: Focusing on the most viable cryptographic market, BTC are data. It resides inside and is exchanged within electronic devices. There are rules. There are wallets. There are electronic safeguards to ensure that your “investment” in this “money” (a contradiction in terms that any experienced investor can detect a mile away) remains safely until you choose to trade or spend it. It is simply not true. His legal claims about this “money” are on a server that he does not possess.
• : If the golden errors of yesteryear do not even consider to keep metal in a bank security box, how can they even understand the idea of ​​safe digital money on a remote server? The answer is that they cannot. Can’t. And you shouldn’t. You must understand BTC for what it is and understand gold for what it is.

Gold is a long -term score and a monetary value tracker. Sometimes it will be for years not doing what it may think should be doing. Then, in a phase like today, its price validates its promoters and their fans. The problem is that they should have felt validated regardless of the price it was doing, because gold is simply an inverse reflection of the macro in which it exists. Therefore, it is monetary insurance. This has value.

The basis of this article is to define the difference between price speculation and value. Between a long -term work and insurance. As for the price, BTC has been reduced gold since it began to quote in 2014. The totality of that phase (apart from some short and heavy corrections) was optimistic in broader risk markets that were pumped by the policy bubble that emerged. Then, of course, BTC has taken the metal against cyclical.

However, gold reaches where it goes in the time it takes to get there. Many people are amazed by the Big Bull Move that has flown through the objective of more than 3000 that had personally charged since the side and mango of the cup began to form in 2020. But it is not a bubble. It is an asset that was to “counteract” the assets of beneficiaries of cryptography bubbles to many sectors of exaggeration fed with exaggeration during the last cycle.

Today, gold, although it extends in a nominal price table, is just beginning and far from a bubble. This picture shows that gold has not gone anywhere since 2021 against Bitcoin, and before that it only fell in relation to BTC. Therefore, my points made above have not yet been demonstrated in relative prices. But again, the price is the price, and the value is value.

At some point, the appearance of the “value” of gold will see that its price begins to increase against BTC, just as it has begun (emphasis on “began”, since there is a long way to go in this new macro) to increase in front of the fellow policy bubble receivers, the stock market ().

End

If you are a player, understand that you are a player. You are playing Crypto along with the armies of other players. Do you see those MEME COINS BALLETER STATISTICS? The 58 multimillion -dollar wallets are not yours. Are you between 764.00 loser wallets? Don’t you want to be? Keep in mind that the latest cryptographic trends are easily manipulated in a tradition as old as the stock market itself. If you look around the room and you don’t know who the brand is, it’s you.

If you are a holder of the real monetary value, go to long stretching (measured in years) in the outs. But if you see gold for what it is, those years are very easy because the value never disappears, and insurance is always a good idea. This value is marked down or upwards depending on the social/economic environment in which it exists. At this time, gold exists in an environment that is changing against cyclically and after the bobble. It is just starting.