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A comment on You don't understand money – and it's a good thing for Bitcoin. Parent comment

Re:You don't understand money – and it's a good thing for Bi... by sedeki on Friday November 15, 2019 @01:56AM (#21542863)
Because gold is less risky due to its traditional status as money? Just curious.
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Re:You don't understand money – and it's a good thing for Bi... by umanwizard on Friday November 15, 2019 @02:30AM (#21542990)
Yes. If gold ever completely loses value we are probably living in such a total collapse of civilization that all bets are off. Whereas I can easily imagine a scenario where the Bitcoin fad fizzles out and everyone's coins deflate massively in value.
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