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Bob Woter

@bob-wolter

In the financial market, Gold is classified as a raw material. Since January 2024, Bitcoin has also been classified as a commodity (thanks to this, an ETF was adopted). Don't you find it strange that when I talk about long-term investments in raw materials, it causes a lot of controversy and controversy? If I wrote that it is worth investing in Gold because it is a solid asset and at a distance it will grow in price, as fiat depreciates, this would not cause any protest. But when it comes to Bitcoin, an army of skeptics is sharpening their knives. Although both are raw materials. Why is there such a difference in people's reactions, and what does this tell us? This means that there is more confidence in gold, and no one doubts its reliability and that after 20 years, the demand for gold will exist, and it will be worth something.
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