One thing I never quite understood about the Bitcoin maxi crowd is its tendency to demonize precious metals. I understand the "no second best" argument (even if I don't completely agree) when it comes to other coins, but in my eyes, it'd be wise for everyone to save in both Bitcoin AND precious metals.
Bitcoin is great for portability, integrity and sovereignty (especially if you memorize your seed phrase). It's a lot more practical in the day-to-day than gold and silver are. Plus, you can swap to other coins when necessary, including Monero if you want greater privacy.
On the other hand, holding at least some of your worth in gold/silver/platinum is prudent because it's far more understood by the masses, it has had universal value for millennia, and it would still be completely usable in a crisis/collapse situation (as would hard resources like food/water/bullets).
Yes, I'm aware of EO 6102 and the tyrannical crackdown that presented on the citizens' right to hold gold, but that's exactly why I say it's ideal to hold both and memorize your seed phrase especially if you store the bulk in Monero. That way, even if a despotic regime were to take your gold, silver or platinum, they can't take all of your worth.
Just some thoughts I had as I was doing some research on the benefits of precious metals. 🤔
aptea / Jacob 🍵
npub14z…jmw42
2026-06-28 10:53:51 UTC
Author Public Key
npub14zwvjvf0ztfp8hlwzv2hqtpjhaugwrgecrvlwrggq2vj8kdd36tscjmw42Seen on
wss://nos.lolPublished at
2026-06-28 10:53:51 UTCEvent JSON
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"content": "One thing I never quite understood about the Bitcoin maxi crowd is its tendency to demonize precious metals. I understand the \"no second best\" argument (even if I don't completely agree) when it comes to other coins, but in my eyes, it'd be wise for everyone to save in both Bitcoin AND precious metals.\n\nBitcoin is great for portability, integrity and sovereignty (especially if you memorize your seed phrase). It's a lot more practical in the day-to-day than gold and silver are. Plus, you can swap to other coins when necessary, including Monero if you want greater privacy.\n\nOn the other hand, holding at least some of your worth in gold/silver/platinum is prudent because it's far more understood by the masses, it has had universal value for millennia, and it would still be completely usable in a crisis/collapse situation (as would hard resources like food/water/bullets).\n\nYes, I'm aware of EO 6102 and the tyrannical crackdown that presented on the citizens' right to hold gold, but that's exactly why I say it's ideal to hold both and memorize your seed phrase especially if you store the bulk in Monero. That way, even if a despotic regime were to take your gold, silver or platinum, they can't take all of your worth.\n\nJust some thoughts I had as I was doing some research on the benefits of precious metals. 🤔 ",
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