bitcoin vs. goldold world mentality vs. new ?
from
Ride the Bitcoin Wave or Continue Treading-Water with Gold the timing for it probably disputable, but me thinks he has a very valid point with the basic premise of it, as it focuses on "control"... and who has it, and who doesn't.
Personally, I don't doubt that a cryptocurrency - a far more "controlled" one than bitcoin - is eventually going to rise to the top of the financial world. However, I doubt it will be bitcoin. Why? Simply because it lacks the element of control that they want and need.
In the mean time, gold will continue to be volatile... quite likely more so than it has ever been.