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10lbsBass 1 point ago +1 / -0

https://www.milesfranklin.com/the-seven-characteristics-of-money/

Fiat currency is not sound money. Unbacked crypto is digital fiat. The only thing that gives it value is people's confidence in it. That literally makes it a confidence game [con game]. Gold and Silver are TANGIBLE assets.

We have been conditioned to think of dollars in terms of value when dollars are just Gold and Silver substitutes. When that switch clicks in your head it is like a light bulb turning on.

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sillBag 1 point ago +1 / -0

Ok but you do realize that gold while yes it's a "tangible asset".. it is not truly usable

Let me put it this way

if the shit hits the fan enough that you need to try to use your gold... you likely would have been better off buying supplies and actual items rather than gold.

When it comes to purely investment and what is a better store of holding USD value... it's Bitcoin, and the past 10+ years prove it.

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10lbsBass 1 point ago +1 / -0

Like I said at the beginning. The best lessons cost the most.

You will figure it out one way or the other. :)