Posts tagged "gold" | Prole Cafe Blog

Crypto Apathy In 2025

I sense scant interest in crypto out there. What a difference a year makes! Take your mind back to New Year’s Eve, 2024-5. Cryptopians were not sparing the champagne. Trump had won; crypto had dodged a Democrat bullet. Ross Ulbricht was to be pardoned. On December 13th, bitcoin (BTC) had hit six figures in price. Bitcoin Maxis brashly weened1 whether $150,000 or $250,000 was a more likely target for the end of 2025.2 Everything was going to plan. I want to give my top reasons why things did not go to plan.

Gold Is A Civilized Relic

Things which work really well deserve comebacks. Barges, for example. At the moment, we use trucks on roads, but— things change. It has happened before. The Iron-Age Celts used rivers as the highways, and when the Roman Empire fell, the roads fell into disrepair, and barges made a comeback.1 The word ‘barge’ comes from a Celtic root. From this root we also get ‘barque’, a certain type of boat which was Egyptian god Ra’s mode of transport across the sky. Ra is an archetype. He is linked with the sun. So is gold. Write off an archetype at your peril.

Will Bitcoin Flip Gresham's Law

Natalie Brunell said that bitcoin is “starting to flip Gresham’s Law on its head.”