for 10,000 years Gold was used for this purpose because governments cannot simply create it from nothing, instead they have to invest significant capital (proof of work) to find and extract it. But Gold has many problems as a "money".. it is not very divisible, it is not easily verified, it is not portable, and it currently has a 2% inflation rate.

Bitcoin is a 10x improvement over Gold as a form of money, a treasury asset, and a store of value. It is infinitely divisible, globally portable with nothing more than 12 words you memorize and keep in your head, uncensorable, fungible, easily verifiable, and absolutely scarce.

A visa transaction takes about 2 months to fully settle. Bitcoin settles in an average of 5 minutes. It cannot be controlled by any central bank or government.

If you do not see the value in such a thing.... well. I don't know what else to say

Humans have a very serious fundamental problem which is that no one can be trusted to control the supply of money. Every fiat currency that has ever existed has been debased. With the discovery of bitcoin we finally have absolute scarcity in a decentralized network that cannot be debased. The importance of this discovery cannot be underestimated.

@Danny ******

Because once all the dust settles bitcoin will be the reserve treasury asset for the Human race.

@Brett **********

yes, no one knows you're right about that. But one thing I'm absolutely convinced of, Bitcoin is either going into the millions per coin, or to 0... there is no in-between for it.

Time will tell. I've done my homework and placed my bets. Time to let the market do it's thing

@Brett **********

without electricity your shiny yellow rock is worthless, you need ammo, food, and water.

Gold is not money today... in the past yes it was, but certainly not today. I can buy coffee with bitcoin, but i cannot buy coffee with gold.

@Brett **********

If you are "not sold on bitcoin" it probably indicates a lack of study and education on the subject. In my experience the more a person learns about bitcoin they less they worry about short term volatility.

@Brett **********

gold is the same price it was in 2011, but not accounting for inflation.

Bitcoin is the best store of value on Earth if you zoom out more than a month or two. Just how fast do you expect your inflation hedge to work?

that's right.... this is why the smartest people I know store their wealth in bitcoin, not a bank and certainly not in a fiat currency

@Danny ******

I am on the Bitcoin Standard

@Danny ******

I have been invested in Bitcoin for 5 years and I'm comfortably retired as well. Only difference is it took you 10 times as long.

Also worth noting that what you did 50 years ago is not really relevant to what people's options are TODAY.