$Marathon Digital Holdings Inc(MARA)$ 's future is closely tied to the future of Bitcoin. Is Bitcoin the future of currency or the figment of human imagination? There are some who find the idea of creating money without a government to be ludicrous. These folks argue Bitcoin value is a figment of imagination. For this reason, they suggest Bitcoin will inevitably fail and Marathon with it.
I agree with them but suggest this is the wrong question. It only takes a little thought to realize value of every currency is a figment of imagination. That value only exists when the currency is being used to buy and sell. Therefore all currencies will inevitably fail. The right question; Will Bitcoin or the US Dollar fail first?
If you pay any attention to Washington, betting on the US Dollar seems rather foolish. Physical gold is an alternative but that comes with transportation, storage, and security concerns, as wellas, high transaction costs. As for deriviatives based on gold...don't they exceed available gold deposits? In fact, the dollar was once a gold derivative. That is until it wasn't.
My conclusion is diversify...invest in banks, crypto miners, and metal miners although I think copper mining is a better bet than gold mining. $Gold - main 2312(GCmain)$ $Copper - main 2312(HGmain)$
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