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92
$3 TRILLION of gold miraculously pops up. First China, now Argentina? Huh, makes you wonder if gold is *actually* a scarce commodity. (twitter.com)
posted 22 days ago by xchainlinkx 22 days ago by xchainlinkx +92 / -0
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– Geralt-1776 3 points 22 days ago +4 / -1

Better cash out and buy some Bitcoin guys. "Gold shall end the FED" = USA dumping gold and buying BTC. Look it up. Senator Cynthia Lumis has proposed creating a Bitcoin strategic reserve that Trump is going to sign into law which he promised AT THE BITCOIN CONCFERANCE this summer!

Have you guys read Softwar by Space Force major Jason Lowry? Book is about how important Bitcoin is for strategic defense. Don't miss your opportunity guys, Bitcoin has been part of the plan all along. It is absolutely finite unlike gold, get some while you still can

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– Tombstone2W 2 points 22 days ago +2 / -0

Is Bitcoin money?

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– Geralt-1776 1 point 21 days ago +1 / -0

Absolutely. Asking "what is money" is a very good question. Anything can be money, but what is the best money? What makes some money better than others?

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– Tombstone2W 1 point 21 days ago +1 / -0

Money must be conducive to trade. Meaning it must hold long term stability and also have relative short term stability for daily transactions.

Fiat currency does that by force, but still loses long term stability. But BTC doesn't offer that. BTC moves in the same currents as the stock market but much more violently. You can't conduct commerce with such an asset.

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– ApeironPatriot 1 point 21 days ago +1 / -0

I think if countries start holding large amounts as a strategic reserve the price will stabilize over long term.

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