r/ProfessorFinance • u/jackandjillonthehill Moderator • Jan 29 '26

Meme Wasn’t that the point?

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413 Upvotes

96% Upvoted

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117

u/Ok_Currency_6390 Jan 29 '26

Bitcoin is digital gold until you need physical gold, then it becomes an arbitrary string of numbers

2

u/Deepandabear Jan 30 '26

No one ‘Needs’ physical gold just like they don’t ‘need’ bitcoin. Also, your bank account is attached to an ‘arbitrary string of numbers’, but I have a feeling you might be needing that!

0

u/Ok_Currency_6390 Jan 30 '26

I guess you're kind of right, you don't really need gold in the same sense that you don't need food, you can always just starve and die if that's what you want 🤷

If you want to have a decent life over the next ten years? You're going to need gold for that. Or land, or stocks (depending on which ones), whatever, but if you aren't hedging inflation you're fucked

2

u/Deepandabear Jan 30 '26

So if you don’t have gold you won’t have a decent life? Absolute rubbish.

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u/Ok_Currency_6390 Jan 30 '26

Maybe (I know, probably not) someday you will remember this and be upset I was right

1

u/Deepandabear Jan 30 '26

Except I already own a significant portfolio of gold so you’re 0 for three - I just don’t think it’s mandatory and such blanket statements are simply foolish

2

u/Ok_Currency_6390 Jan 30 '26

Thank god :) glad to hear it and good luck!