Gold, Bitcoin, etc.

Bitcoin and gold are zooming up. That's nothing new. Things that people trade in go up and down. These two asset classes don't really interest me. From time to time, I just marvel at what makes people invest in these. Is the current bull run in the two also more of the same? Mostly, the answer is yes. However, I'll point out something that is different, even though I hate the phrase 'this time it's different'. Gold and Bitcoin are both useless asset classes which produce nothing. In origin and nature, they could not be more different. Gold is the simplest form of wealth to understand - if it's actually gold, it's worth something. It has been used as a store of wealth and currency for millennia. Bitcoin is quite the opposite. In a physical sense, it does not exist - it is entirely a technological construct. Fifteen years after its invention, relatively fe