Bitcoin Archives - Owning Gold

Gold-backed crypto tokens… Are they a better way to own gold?

I’m not as keen on Bitcoin as I used to be. Too volatile for my taste. I’m more comfortable with physical gold bullion as my store of value. That said, I’m not ready to give up on blockchain technology quite yet. The thing about blockchains is that they provide an immutable and complete record of …

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Gold is money for everyone. Bitcoin is for risk takers.

If you’ve been reading my posts over the last few months, you know I’ve invested some money in Bitcoin. Fans of Bitcoin often say it democratizes money. It’s “money for the people”. No banks required. No other intermediaries required. No permission required. Anyone can receive or send Bitcoin through the blockchain, unregulated. That’s all true. …

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Between gold and Bitcoin, the story of Bitcoin is winning.

Gold is typically described as a reliable and safe store of value during uncertain times. I’ve said so myself. There is also the story that when times get rough, the price of gold will fly to the moon, and beyond. And yet… The last 12 months have been tumultuous in the world of politics, around …

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The absolute scarcity of Bitcoin will drive the price sky-high.

If you’re new to Bitcoin, you may not know this one essential fact. There is an absolute limit to the number of Bitcoins that can ever be created. That’s part of the original protocol, and cannot be changed. That number is 21 million. Over 18.5 million have already been created. And there is a …

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As the Bitcoin price rises, it’s time for gold owners to take a closer look.

Funny thing about people who love Bitcoin… It took them a while to get there, even while the Bitcoin price was going up, in fits and starts. Almost everyone I talk to went through a stage of dismissing Bitcoin. This was certainly true for me. When I first took a look, about 8 years ago …

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Why I’m selling some of my gold to buy more Bitcoin.

In a nutshell, I see Bitcoin as being digital gold. Bitcoin has many of the same attributes as gold. It’s separate from any fiat currency, like the dollar or the Euro. I can hold Bitcoin outside of the banking system. I don’t need anyone’s permission to own gold or Bitcoin. I can take Bitcoin with …

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Bitcoin or Gold… Which is safer?

People are becoming increasingly concerned about the safety of their money. Why? Because almost all of their money is held by banks and investment houses. And distrust of these financial institutions is at a higher level than ever before. For good reasons. Trust a bank? I don’t think so! I don’t even trust the company …

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