Beyond the memes: Understanding the unique roles of gold and Bitcoin
Bogdan Hofbauer
Inflation panic has a very specific vibe. On cable news, trustworthy-sounding anchors try to sell you gold coins for your IRA. On YouTube, guys with laser eyes in their thumbnail photos post charts predicting the absolute downfall of the U.S. dollar. You feel forced to decide whether the future of wealth protection belongs to that shiny metal found in the ground or a piece of digital code from a message board with no tangible value at all. For years, the crypto crowd marketed Bitcoin as “
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