So, here’s the latest from Mr. Canadian Billionaire Extraordinaire, Frank Giustra – who basically shook his monocle and declared that Bitcoin is nothing more than a shiny, volatile guessing game 🍿:
“Bitcoin’s been strutting about like it’s gold’s flashy younger sibling, but sorry folks, it’s not. It’s speculation dressed up in digital sparkles. Just buckle in and enjoy the rollercoaster,” he mused, probably over a very expensive coffee.
Now, Frank’s a gold guy through and through, sporting a “gold is forever” mindset. According to him, Bitcoin has never acted like a ‘safe’ asset. Meanwhile, our shiny yellow friend—yes, gold—is the classic ‘hold-it-tight-forever’ type, a wealth-preserver not a day trader’s toy.
He advises keeping gold to a modest 10-15% of your portfolio, like a trusted but stodgy aunt who never causes drama. “It’s not too late to jump on the gold train, but don’t treat it like a get-rich-quick scheme. If you’re chasing fortune with your eyes closed, Bitcoin’s your rollercoaster. Hold on tight, thrill-seekers,” he added, tossing a wink.
Basically, Bitcoin is more of a “risk it all or bust” party guest, never the calm, dependable one that gold has always been. And, for those still clutching the original Bitcoin dream, Frank says the story has veered way off the script.
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2025-04-19 00:12