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RE: BTC - If bitcoin were to replace gold, it would be worth $400k
BTC doesn't need to replace gold but augment it as fiat keeps crashing people are looking for safe storage the vast amount of value/money cannot be stored in Gold as countries and institutions would have a monopoly over it and retail investors would need something more flexible.
Do I mind that BTC is 7k nope, Do I mind if its 400k nope! Either way I'm winning lol
Agreed. Plus people complain about custody of bitcoin. Well, it's a heck of a lot easier to custody bitcoin than it is the same amount in gold.