tl;dr
Two variants on an analysis of BTC and gold’s historic and recent price performance.
Market Snap
Market Wrap
Back in the boring zone it seems though the words and actions of central banks in China (promising monetary stimulus) and in the EU (seventh successive rate cut — why not just do it all at once?) suggest to me that much looser conditions are heading our way soon.
Curious Cryptos’ Commentary — Not one for the ETH deniers
Curious Cryptos’ Commentary — BTC vs gold
There have been attempts in the past to portray BTC as “digital gold”, which I always felt was a little over-ambitious. After all, gold has been around for millennia, with a tried and trusted history of always being accepted in exchange for water, food, and security. BTC has only been around for just over a decade, and however much we all understand and appreciate the beneficially transforming impact of the concept of decentralisation, I would not claim we are fully battle-tested by any means. Cryptos are here to stay, and BTC is the daddy of them all, but it…
