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. …
Is owning gold jewelry a good investment?
There are two sides to consider when you look at gold jewelry as an investment. First, there is the value of the gold itself. Second, there is the value that comes from the enjoyment you receive from wearing that jewelry. And it’s not just about enjoyment. Wearing gold can also communicate wealth and status. One …
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 …
If alchemists really could transform lead into gold, what would that do to the price of gold?
The practice and promise of alchemy have been around for thousands of years, with roots in Europe, North Africa and the Far East. In spite of a long history and broad range of interests, alchemists are undoubtedly best known for their obsession with the transmutation of base metals into noble metals. In other words – …