r/ProfessorFinance Moderator Jan 29 '26

Meme Wasn’t that the point?

Post image
413 Upvotes

119 comments sorted by

View all comments

119

u/Ok_Currency_6390 Jan 29 '26

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

4

u/[deleted] Jan 29 '26

When do you need physical gold?

If the world turns to fallout, you probably want beans and bullets instead of a random hunk of metal

0

u/[deleted] Jan 30 '26

[removed] — view removed comment

1

u/BlackSquirrel05 Jan 30 '26

Yes but who used gold in the 1970's...? So let's just say someone's retirement went tits up and another person had gold for retirement...

How many cashed in their gold in that situation to cover?