Mikli(@CryptoMikli):Fejau explains why gold and Bitcoin are the cleanest debasement trades “Gold is super clean as an exposure because it’s not as exposed to cross-border capital flows. It’s not like buying the QQQ, where they’re priced in dollars and then you have to wonder about currency hedging. It’s just like, I’m buying gold. Bitcoin’s on its way to that as well.” “I have higher confidence in gold tracking one-to-one, but I still think it’s worth a punt on Bitcoin as well, especially because the market’s just so washed out. The market structure side of things is just like, yeah, there are no more sellers.”

2026.08.20 15:56

Fejau explains why gold and Bitcoin are the cleanest debasement trades “Gold is super clean as an exposure because it’s not as exposed to cross-border capital flows. It’s not like buying the QQQ, where they’re priced in dollars and then you have to wonder about currency hedging. It’s just like, I’m buying gold. Bitcoin’s on its way to that as well.” “I have higher confidence in gold tracking one-to-one, but I still think it’s worth a punt on Bitcoin as well, especially because the market’s just so washed out. The market structure side of things is just like, yeah, there are no more sellers.”