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News related to Crypto / Re: Analysts: Gold Rush In China Is Propping Prices Up
« on: Today at 07:27:46 PM »
I mean when you think about how the fiat world is doing terrible, getting gold isn't really a bad idea. I am not saying that it is better than bitcoin, I still prefer bitcoin and the moment when Chinese stop caring about what their government says and starts buying bitcoin in billions, we are going to see bitcoin price reach new highs that has never been seen before. However, until that moment gold seems like the alternative that is fine, because we can't really consider fiat as the way to go. China is not really loved by many in the west neither, so it is really hard to keep their finance going with just gathering debt from all the smaller nations forever.