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Handsome_Hero
Bitcoin University
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Comments by "Handsome_Hero" (@illegalsmirf) on "How To Use Gold To Protect Yourself" video.
If gold has any advantages, it would be simplicity. I can buy some gold and put it somewhere safe and don't have to learn computer science in order to use it. If you are going to argue that gold hasn't moved much in over 10 years (the last time it peaked at $2000/oz was in 2011), then you can also argue that it would have been far better to put your money in S&P 500 and QQQ since 2011, which is of course what everyone did (and probably a lot of unprofitable gold was sold to take advantage of 0% interest rate environment), and have seen massive outsized returns since 2011. I can see that both gold and Bitcoin have had fairly drastic price swings since 2011, irrespective of money printing and inflation. So to me there is still some truth in the idea that Bitcoin behaves like a tech stonk.
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