• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

Chitchat The value of gold in the age of bitcoin

Thick Face Black Heart

Alfrescian (InfP)
Generous Asset
Gold has always been the safe haven asset (except for the winter of 2008) when every asset save treasury bonds declined. It has always been regarded as the ultimate store of value, with silver coming in second.

How will gold be viewed in the age of bitcoin, or more generally, as alternatives to government fiat money are continually being invented by mankind?

Property also has been a traditional store of value, but I don't include this into consideration as it serves a highly utilitarian purpose who often far exceeds its market value or intrinsic value.
 
Top