this post was submitted on 21 Jun 2023
1 points (100.0% liked)

Bitcoin

1113 readers
11 users here now

founded 4 years ago
MODERATORS
[email protected]
1
I am the one who backs everything... (lemmy.world)
submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]
6 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 1 year ago (1 children)

@PopularUsername @feor Indeed. And what would happen to the price of Bitcoin, when the Brics decide to form a new trading-currency backed by gold? May I point out that all the Brics central banks are accumulating gold, not Bitcoin.

[–] [email protected] 1 points 1 year ago (1 children)

Yeah I could totally see some return to a gold standard if things get bad, or at least, a partial backing with a basket of other currencies or something. In the short term, I don't expect gold to go up, nothing seems to cause gold to go up in price. I don't get it. I'm heavily invested in gold as well but I guess there are a lot of people that benefit from the fiat system so there is sufficient selling pressure.

[–] [email protected] -1 points 1 year ago (1 children)

@PopularUsername @1911olympic I can help you manage your trading account and earn good profit for you if you wish.