RE: China buying more gold…
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Gold is shiny. You can feel that it is something special when you hold it in your hands. People love it for its looking, durability, and heavy weight.
Bitcoin is invisible. If you understand its abstract concept, you know that it is something special when you hold it in your head. People love it for its absolute scarcity, durability, and zero weight.
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I believe in both, and I have both. The issue for me is in a fiat collapse will my Bitcoin be able to help me? That is still an unknown. I know for a fact my gold and silver will.