Balaji: Bitcoin has more censorship resistance advantage than gold

On January 30th, Balaji Srinivasan, former Chief Technology Officer of Coinbase, stated in a post that the fiat currency crisis has begun to emerge, and physical gold is vulnerable to government seizure, while Bitcoin has the advantage of resisting seizure due to its invisibility and programmability. He pointed out that the BRICS countries' gold reserves have increased sharply since the 2008 financial crisis, indicating that the East has turned to real assets, but the Internet will replace the dollar dominated Keynesianism with digital assets. Balaji believes that Bitcoin is a safe haven asset worth considering for people in sovereign debt crisis countries in North America and Western Europe.