BTC vs Gold-Settling the Debate for good
As the topic has lost its flavor, I waited to tackle it head on to stir up the BTC Maxi's and Gold Bugs. Let's look at the price correlation and see if it makes sense.
Clearly from a price standpoint BTC and Gold are inversely correlated so why the argument in the first place? Simple, in terms of value, everything is measured in terms of gold. Gold/S&P ratio, Gold/Oil ratio ....etc. So, in terms of benchmark value that is the true measure of real world assets. Gold has been and always will be the standard, ignore the noise.
In terms of digital assets BTC is the benchmark. Think of your trading platform and ALT's all measured in terms of BTC/ (insert alt name here)....so this is what is meant by the metric, it is a standard not a price. Debating the price is sort of ridiculous considering the chart, however, in terms of value, in each respective world, both are premier assets. So, the answer is simple...own them both!
Perhaps a deeper thought experiment and debate question is, "How did we get here?" For that I'd like to offer you a clue. As Solomon said, “The thing that hath been, it is that which shall be; and that which is done is that which shall be done: and there is no new thing under the sun.” Eccl 1:9
So, where did centralized money, housing and eventual slavery come from? It's been happening for thousands of years, and here is the first in recorded history. Gen 47:11-31 KJV. If you take the time to read the passage, we are entering the final phase and if you want to know, read it....don't take my word for it.
"The only thing man ever learned from history is that man never learned from history."
So the final question is which is more valuable BTC or Gold? The ultimate answer is neither, for the greatest asset to ever exist is found here ......Mark 8:36....plan accordingly. (Acts 16: 30-31) KJV