The problem with crypto, which gold doesn't have, is that it depends on government to exist. If you lose internet, power, or simply can't access a computer, it's worth nothing at all.
At least with gold you can bludgeon a checkpost guard or something.
Its a hedge against the more likely scenario where a local government/BLM can arrest or confiscate your house rather than every country in the world losing internet. For americans, gold is probably better. For Venezuelans, buttcoin is better.
The problem with crypto, which gold doesn't have, is that it depends on government to exist. If you lose internet, power, or simply can't access a computer, it's worth nothing at all.
At least with gold you can bludgeon a checkpost guard or something.
Government does not generate power or maintain internet connection...
Its a hedge against the more likely scenario where a local government/BLM can arrest or confiscate your house rather than every country in the world losing internet. For americans, gold is probably better. For Venezuelans, buttcoin is better.