Gold was king. For millennia, it has served as the ultimate safe haven, the physical embodiment of value and solidity. Let’s face it — betting on gold in 2025 is the equivalent of picking a horse-and-buggy in the auto race. It’s really not practical in the era of Tesla! I’m not arguing that gold is evil, just that it is better. Absolutely not.
Digital Scarcity vs Physical Constraints
The world has changed. We’re in a digital world now, and gold, despite its shiny appeal, is just naturally analog. It’s physically massive and difficult to move. The demand is known, but the future supply is more a function of the capriciousness of mining companies and the prospects of new geological discoveries. Bitcoin? Bitcoin is digital scarcity perfected. Its supply is limited to 21 million, a number written into code, unchanging and known by all. You can verify it yourself. No central committee can inflate it away, no state can control its value. This is the fundamental principle of a genuine free market – short supply, market dictated by demand.
Frankly, the short-term spike we just saw where gold is up and Bitcoin is down? It's a blip. A brief bump on America’s road to the future. Why doesn’t the media come out and say gold is up 16% but Bitcoin is down more than 6%? So what? Bitcoin was up almost 400% from mid-November 2022 to mid-November 2024 before this latest correction. This is just the nature of volatile assets, and if you think you can bet on Bitcoin coming up all the time, you’re going to lose.
Central Banks Cling To The Past
If the world’s central banks are stockpiling gold, that should be a warning sign—not an endorsement. They’re holding on for dear life to the status quo, to a system in which they hold all of the power. They’re in the business of protecting the status quo. It's a desperate attempt to maintain relevance in a world that's rapidly passing them by. They would like to continue dictating over the world’s wealth, and they know they cannot do that with the existence of Bitcoin.
Picture this—global economic upheaval leads to a powerful round of monetary stimulus by central banks. But instead of getting creative with these new funds, they’re doing what they always do – doubling down on the past. But that’s precisely what makes Bitcoin so necessary. But to the extent that it provides an escape hatch, an escape valve, a way to opt-out of their predatory, austerity-system altogether. It's the ultimate form of financial sovereignty.
Individual Choice Fuels Innovation
The key to Bitcoin’s long-term success today isn’t its scarcity or its innovative technology. No, it’s not that it’s horrible for the environment. Individuals and institutions alike are making the decision to adopt Bitcoin. Instead, they view it as a store of value, a medium of exchange, and a hedge against inflation. This is a true grassroots movement, a bottom-up revolution that’s upending the established monetary and financial order.
Sure, Bitcoin's had its ups and downs. That's the nature of innovation. Consider the first phase of the internet. There were accidents, there were fraudulent fees, there was skepticism. The technology was too disruptive to write off, and eventually, it changed the world. The same will happen with Bitcoin.
Anything that is Bitcoin’s nemesis is crypto’s nemesis, and I think, fundamentally, Bitcoin is the future, both individually chosen and collectively discovered. Specifically, we want to show how excessive government intervention and regulation kill innovation and distort market signals. A free market is the best market.
| Feature | Gold | Bitcoin |
|---|---|---|
| Scarcity | Limited, but discoverable | Capped at 21 million |
| Decentralization | Centralized (largely) | Truly Decentralized |
| Portability | Difficult | Effortless |
| Verifiability | Complex | Transparent & Verifiable |
| Government Control | Susceptible | Resistant |
Here's the unexpected connection: Central bank gold accumulation reminds me of Blockbuster refusing to adapt to streaming. They held on tight to their brick and mortar, to their late fee, to their old way of doing business. And look where they are now. Gold is Blockbuster. Bitcoin is Netflix. The free market will decide.
Not recommending you invest your life savings in Bitcoin today. Again, that’s irresponsible, and I’m a self-explanatory financial advisor. What I’m advocating for is to think beyond the surface. Read, educate yourself on the technology, and come to your own conclusion based on that informed decision. Fear of making mistakes or the tug of inertia can be powerful deterrents.
I am not saying to put your entire savings into Bitcoin. That's irresponsible, and I'm not a financial advisor. But I am saying to consider the possibilities. Do your research, understand the technology, and make your own informed decision. Don't let fear or inertia hold you back.
Embrace the future. Embrace Bitcoin.
