4th Street Bar Hive-Bar

Hive-Bar Powered by Hive beta-fdb5b5b

Community post

Bitcoin or gold for 2018?

image
No need to think. Nobody talks too much gold. What is gold? Everybody knows it. No need to think. As money, gold is completely has been, obsolete, "barbarous relic" would say Keynes. Nowadays, everyone has a computer, a smartphone, a credit card ... Everybody knows that bitcoin is worth more than 10,000butanounceoragramofgold?10,000 but an ounce or a gram of gold? 1,300? And how many grams are there in an ounce? All this is very complicated ... At least the bitcoin weighs nothing, has no dimension, it is nothing. No need to think. A news came this morning. Inflation in Germany reaches 1.8%. A 10-year German Bund (a German Federal Treasury bill) earns 0.5%. So someone who puts his money in the debt of the German Federal State loses 1.3% a year. This is called "real return".

4 upvotes $0.00

Replies (4)

Review before signing

Posting as . Signing with . Keychain permission: Posting. Hive Keychain will ask you to approve this action next.


  
Technical details

Operation fingerprint: