Michael Saylor Expressed: Once upon a time, Gold was the most desirable store of value. Now Bitcoin is taking its place.

Community Response: Gold has nothing to fear from Bitcoin. It’s fool’s gold at best. The only people who should be scared of Bitcoin are those foolish enough to still own it.

No internet no Bitcoins though.  No internet has an insignificant low probability but Gold Market cap has taken over by Bitcoin is likely probable.

Ever heard of solar flares? Bitcoin isn’t resistant to that, gold is. Saying bullshit like Saylor is making crypto look even more cringe.

“Low probability” yet it’s a risk gold doesn’t have. Just like everything in it.  It isn’t an issue until it happens right.

Agree completely. I don’t know anyone under age 60 who would even know how to try to buy gold.

How could Bitcoin be a Store of Value when she’s herself losing value with celerity and alacrity? The whole store of value thing can’t be TRUE. In a single month, Bitcoin lost over $20,000 in value. What gives?

I hope you recognize that buying all the dips in the world doesn’t matter if the street can manipulate the price of your asset, without ever actually touching bitcoin.

Great stuff Michael. You should start taking about how gold is an environmental terrorist. For every gram mined 2 grams of mercury is released into the environment along with cyanide and arsenic. Mercury is now ubiquitous in the environment, in the water and soil, Bon Appetit?

Not to mention, the majority of above ground gold was obtained through the use of slaves or through bloody wars.  What if we wake up tomorrow and we all find out we were investing in something that never existed? Gold is currency in times of war, and I don’t think anyone can replace it.

Gold will always be valuable. Bitcoin depends on technology to exist. What happens if there’s a nuclear war and maybe something happens that shuts down the worlds Internet; will cryptocurrency be accessible in such period? Both can exist just like gold has existed with fiat.

Our enemy is not Gold, it is USD and all other fiat currencies. But you love the governments, so I understand why you are showing a wrong target.

Unfortunately, gold is a low-hanging fruit for Bitcoin.  And you can’t have two stores of value for some reason? Of course, as long as you have enough money.

As a society, not an individual.  I think all this is man-made, not a natural law.

One question: Is it on purpose that you always buy the top?  Carrying gold is nothing but being a porter. Bitcoin is the easy way.  If the internet is cut? Do you think there will be value to Bitcoin or any other crypto? Bitcoin? Yes. Crypto? No.

Why would they go through the trouble of creating this whole new alternative system that most people can’t or won’t adopt yet when stealing your wealth through artificial inflation of the dollar for the last 50+ years has worked out well for them genius?

Bitcoin is better at being gold than gold. Bitcoin is better at being money than money. Bitcoin TAM is into 100s of trillions, not just the gold TAM.