Saturday Rant…Gold vs Bitcoin

As part of our “What’s in Store for 2024” theme we, once again, see battle lines being drawn over Gold vs Bitcoin.

And over the years we’ve posted volumes of articles on both Gold and Bitcoin.

We have articles that go back to the original “White Paper” by Satoshi Nakamoto introducing Bitcoin in 2008 (at the peak of the financial crisis…coincidence?)

READ:Crypto Causality Creates Chaos (Written November 17, 2017)

READ:  Saturday Rant… After a 75% Decline  (November 12, 2022 HERE).

And if you want to know more of what we’ve written about Bitcoin/Cryptocurrencies/Digital Money/Etc., click on the search bar on our site and type in Bitcoin, crypto, etc.

The same search methods apply to Gold…or any other topic we’ve written about.

But for the final rant of 2023, we are turning it over to a self-proclaimed Gold vs Bitcoin expert (and one of our favorite ranters) Scoob Martin.

So, take it away Scooby Doobie Doooooooo!

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First of all, James, Happy New Year to you and all of the Financial$Matter fam.

And I know that you know how I feel about Gold vs Bitcoin, so let me simplify everything for your readers by summarizing in one sentence.

Bitcoin is a gamble.

Nothing More.

That’s actually two sentences but I’ll explain why it’s a gamble.

First, and foremost, you are “gambling” on it being “there” when you need it.

But at any given time (and at “Their discretion”) Uncle Sugar will just TELL the network providers to block all the TCP (Transmission Control Protocol) traffic the exchanges run on.

The TCP includes ALL known ports, all defined ports, and all reserved by RFC “Request For Comments.”

And, That’s it…You have no more access.

Oh, you think you got sneaky with a VPN? (Virtual Private Network)

LOL!

They want you to think your VPN is YOUR IPSEC infrastructure.

And that your IPSEC is a set of communication rules or protocols for setting up secure connections over a network.

LMAO!

The Deep Packet inspection Boyz already know what you are up to.  And at “Their Discretion”your port will be closed. 

And for those “Clever Dual Citizens” who leave the country to lay claim on your crypto, here is a question:

Which central bank is going to allow you to deposit?

And there are those who claim:  “But! But! my hardware wallet…”

Shut up and good luck with that.

Because you are riding along US sanctioned and REGULATED TELCO lines.

And they are far more loyal to their shareholders and Uncle Sugar than you.

Bitcoin is not an investment.

If anything, use your BTC (and do it soon) to by gold and silver and get out while you can…especially if gold falls back below $2,000 an ounce.

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Thanks again, Scoob.

You are spot on, as usual.

We believe 2024 will be a very interesting year for Gold AND Bitcoin.

And we’ll keep your rant for future reference.

And as always, if you – our Dear Readers – have a rant you’d like to share then please send it to us.

You never know whose life will be affected by it.

And if you want to see some NSFW rants then go (HERE).

Keep in mind we’re still offering a 50% discount on our monthly and annual memberships for a limited time only (HERE).

Enter the code FALL50 at checkout to get the discount (HERE).

Share this with a friend…even if they think Hunter Biden is going to jail.

They’ll thank YOU later.

Remember:  We’re Not Just About Finance.

But we use finance to give you hope.

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