A large percentage of Bitcoin holders also own gold and silver. I do. I also think Bitcoin is a better asset than G&S and has a larger future value. Gresham's Law has been proven over time. Adaptation is key to any asset or currency.
Bitcoin is only 10 years old.
Go to a Burger King in Germany. They now accept Bitcoin. Adaptation takes time, and Bitcoin is still in the early 1st inning of this game. Stablecoins may have some utility, but it is simply speed and ease of use. Bitcoin is a precious asset.
Stablecoins and Bitcoin are 2 different animals.
I stated in this topic in Dec 2016 or Jan 2017 that people will regret not buying Bitcoin at $900 or $1000.That was a bold statement to make, and I'm not somebody that makes price predictions. Regardless, I doubt if we will ever see Bitcoin at $1000, even if the US Government banned it.
I'm loaded with G&S, which hasn't performed very well over the last 5 years. My Bitcoin---->ZOOM!
I still buy some silver every week because I like silver and I like my LCS. The owner hates Bitcoin, but he makes a good cup of coffee. A good LCS is key to G&S investments, and most transactions are cash without any receipt.
I don't buy Bitcoin anymore. I got in cheap, and after studying Bitcoin for more than 5 years, I still don't understand it, except if many people are willing to trade it at a relative price, it has value in the marketplace.
I think Gresham's Law applies to Bitcoin, if you are willing to accept the volatility. Sorry for the lecture.
: soapbox now open :
Gentlemen prefer Engelhard.
If Steve Jobs was still alive, he would have fired Tim Cook 2 years ago.