Could Bitcoin be the next gold? I don’t think so, nor is it even trying… The only common denominator for gold and Bitcoin is that they share the same enemy. And as the old saying goes, the enemy of my enemy is my friend. Bitcoin is a decentralized currency, a competitor of all centrally controlled fiat currencies, like the U.S. dollar. Gold is money. It’s the final destination, a tangible, physical asset whose real value is that it is money. This is something central planners have desperately tried to get people to forget. Bitcoin is still in the Wild West compared to boring old gold that you place in a vault or safe hiding spot, never to be used unless it’s a real emergency. The blockchain itself is a digital revolution. Stocks, bonds, mortgages, deeds, patent applications, and the currency market will all soon be identified through the blockchain. Behemoths like Microsoft, IBM, Goldman Sachs, JP Morgan, and Cisco are all moving in th
