Bitcoin Magazine Simon Dixon: What It Would Take for Me to Sell My Bitcoin for Gold
Simon Dixon, CEO and co-founder of BnkToTheFuture, tells BMTV there are only three things that would make him sell all of his Bitcoin and buy gold. Since 2011, he says Bitcoin has done three things incredibly well: you can earn and hold it in self-custody, spend it peer-to-peer without a government in the middle, and rely on a fixed supply of 21 million as a hedge against long-term debasement. If any of those three is ever called into question, he would sell immediately. The real battle, in his view, is not whether Bitcoin gets adopted — he says institutional adoption is on a trajectory we have never seen — but whether custodians, Wall Street-owned miners, and treasury companies end up centralizing the network.
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Source: Bitcoin Magazine
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