--- title: "Meaning & Key Takeaway of: In truth, the best Bitcoin can hope for…" description: "\"In truth, the best Bitcoin can hope for is to be a second-rate version of gold, if that.\" — Andrew Ross Sorkin" image: "https://sms4smile.com/quotes/i/b90/andrew-ross-sorkin-12711_best_in-truth-the-best-bitcoin-can-hope-for-i_2898726.jpg" --- # In truth, the best Bitcoin can hope for is to be a… ![“In truth, the best Bitcoin can hope for is to be a second-rate version of gold, if that.” quote by Andrew Ross Sorkin](https://sms4smile.com/quotes/i/b90/andrew-ross-sorkin-12711_best_in-truth-the-best-bitcoin-can-hope-for-i_2898726.jpg) [Download](https://sms4smile.com/quotes/i/b90/andrew-ross-sorkin-12711_best_in-truth-the-best-bitcoin-can-hope-for-i_2898726.jpg) [Open image](https://sms4smile.com/quotes/i/b90/andrew-ross-sorkin-12711_best_in-truth-the-best-bitcoin-can-hope-for-i_2898726.jpg) > “In truth, the best Bitcoin can hope for is to be a second-rate version of gold, if that.” [Andrew Ross Sorkin](https://sms4smile.com/quotes/author/andrew-ross-sorkin/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Bitcoin is unlikely to surpass gold’s status; it may only serve as an inferior alternative. **In simple terms:** Bitcoin may remain a lesser version of gold. Key Takeaway Accept Bitcoin’s limited role. Themes finance cryptocurrency valuation Mood cautious analytical Type economic critical When to use this quote - investment decisions - portfolio diversification - risk assessment Key Concepts asset comparison market perception Questions to Reflect On - Is Bitcoin a viable long‑term store of value? - What factors could change its perception? A Different Perspective Gold’s historical stability may still dominate. ★ ★ ★ ★ ★ No ratings yet [Currency](https://sms4smile.com/quotes/about/currency/) [Gold](https://sms4smile.com/quotes/about/gold/) [Hope](https://sms4smile.com/quotes/about/hope/) [Second rate](https://sms4smile.com/quotes/about/second-rate/) [Truth](https://sms4smile.com/quotes/about/truth/) ## Related quotes > [Who would want one's children growing up buying things like bitcoin? I hope to God my family doesn't buy it. It's noxious poison.](https://sms4smile.com/quotes/charlie-munger/who-would-want-one-s-children-growing-up-buying-things-like-bitcoin-i/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [When I teach writing, I have a mantra: 'Be a first-rate version of yourself, and not a second-rate version of another writer.'](https://sms4smile.com/quotes/david-morrell/when-i-teach-writing-i-have-a-mantra-be-a-first-rate-version-of/) [David Morrell](https://sms4smile.com/quotes/author/david-morrell/) > [Always be a first-rate version of yourself.](https://sms4smile.com/quotes/audrey-hepburn/always-be-a-first-rate-version-of-yourself/) [Audrey Hepburn](https://sms4smile.com/quotes/author/audrey-hepburn/) > [Say 'Toronto' or 'Ontario,' and the immediate thought associations are with a somewhat blander version of North America: a United States with a welfare…](https://sms4smile.com/quotes/christopher-hitchens/say-toronto-or-ontario-and-the-immediate-thought-associations-are/) [Christopher Hitchens](https://sms4smile.com/quotes/author/christopher-hitchens/) > [In truth, in the fairy-tale version of bailing out Lehman, the next domino, A.I.G., would have fallen even harder. If the politics of bailing…](https://sms4smile.com/quotes/andrew-ross-sorkin/in-truth-in-the-fairy-tale-version-of-bailing-out-lehman-the-next/) [Andrew Ross Sorkin](https://sms4smile.com/quotes/author/andrew-ross-sorkin/) > [“I wonder if it's ok being a second-rate painter.”](https://sms4smile.com/quotes/w-somerset-maugham/i-wonder-if-it-s-ok-being-a-second-rate-painter/) [W. Somerset Maugham](https://sms4smile.com/quotes/author/w-somerset-maugham/) > [He must understand that if he is the world's finest plum and someone he loves does not like plums, he has the choice of…](https://sms4smile.com/quotes/leo-buscaglia/he-must-understand-that-if-he-is-the-world-s-finest-plum-and-someone/) [Leo Buscaglia](https://sms4smile.com/quotes/author/leo-buscaglia/) > [If an enterprise does not aspire to be the best of its kind, it will attract second-rate employees, and it will be soon forgotten.](https://sms4smile.com/quotes/mihaly-csikszentmihalyi/if-an-enterprise-does-not-aspire-to-be-the-best-of-its-kind-it-will/) [Mihaly Csikszentmihalyi](https://sms4smile.com/quotes/author/mihaly-csikszentmihalyi/) > [Love is like those second-rate hotels where all the luxury is in the lobby.](https://sms4smile.com/quotes/paul-jean-toulet/love-is-like-those-second-rate-hotels-where-all-the-luxury-is-in-the/) Paul-Jean Toulet > [If a company is second rate, the logo will eventually be perceived as second rate. It is foolhardy to believe that a logo will…](https://sms4smile.com/quotes/paul-rand/if-a-company-is-second-rate-the-logo-will-eventually-be-perceived-as/) [Paul Rand](https://sms4smile.com/quotes/author/paul-rand/) > [It is a melancholy experience for a professional mathematician to find himself writing about mathematics. The function of a mathematician is to do something,…](https://sms4smile.com/quotes/g-h-hardy/it-is-a-melancholy-experience-for-a-professional-mathematician-to/) [G. H. Hardy](https://sms4smile.com/quotes/author/g-h-hardy/) > [In Formula One, the car can make a difference in a way that a driver cannot. Whereas Michael Schumacher and Ayrton Senna spent their…](https://sms4smile.com/quotes/martin-jacques/in-formula-one-the-car-can-make-a-difference-in-a-way-that-a-driver/) [Martin Jacques](https://sms4smile.com/quotes/author/martin-jacques/) > [Why in the hell do journalists insist on coming up with a second rate Freudian evaluation on my lyrics when 90% of the time…](https://sms4smile.com/quotes/kurt-cobain/why-in-the-hell-do-journalists-insist-on-coming-up-with-a-second-rate/) [Kurt Cobain](https://sms4smile.com/quotes/author/kurt-cobain/) > [“Nothing is more painful to me than the disdain with which people treat second-rate authors, as if there were room only for the first-raters.”](https://sms4smile.com/quotes/charles-augustin-sainte-beuve/nothing-is-more-painful-to-me-than-the-disdain-with-which-people/) [Charles Augustin Sainte-Beuve](https://sms4smile.com/quotes/author/charles-augustin-sainte-beuve/) > [You can compromise on anything else in your life but love. It's the one time where under no circumstances should you let yourself have…](https://sms4smile.com/quotes/oliver-sykes/you-can-compromise-on-anything-else-in-your-life-but-love-it-s-the/) [Oliver Sykes](https://sms4smile.com/quotes/author/oliver-sykes/) ## More by Andrew Ross Sorkin > [As a child, I always enjoyed - my parents used to have these little cocktail parties - and I always loved trying to get…](https://sms4smile.com/quotes/andrew-ross-sorkin/as-a-child-i-always-enjoyed-my-parents-used-to-have-these-little/) [Andrew Ross Sorkin](https://sms4smile.com/quotes/author/andrew-ross-sorkin/) > [“Everyone thinks Goldman is so fucking smart,” he railed. “Just because Goldman says this is the right valuation, you shouldn’t assume it’s correct just…](https://sms4smile.com/quotes/andrew-ross-sorkin/everyone-thinks-goldman-is-so-fucking-smart-he-railed-just-because/) [Andrew Ross Sorkin](https://sms4smile.com/quotes/author/andrew-ross-sorkin/) > [The failure of Lehman may have allowed the government to do more to prop up the economy than it otherwise could.](https://sms4smile.com/quotes/andrew-ross-sorkin/the-failure-of-lehman-may-have-allowed-the-government-to-do-more-to/) [Andrew Ross Sorkin](https://sms4smile.com/quotes/author/andrew-ross-sorkin/) > [When you can't lend or trade - and you can't invest with the leverage that juiced returns to support seven- and eight-figure bonuses -…](https://sms4smile.com/quotes/andrew-ross-sorkin/when-you-can-t-lend-or-trade-and-you-can-t-invest-with-the-leverage/) [Andrew Ross Sorkin](https://sms4smile.com/quotes/author/andrew-ross-sorkin/) > [Debt, we've learned, is the match that lights the fire of every crisis. Every crisis has its own set of villains - pick your…](https://sms4smile.com/quotes/andrew-ross-sorkin/debt-we-ve-learned-is-the-match-that-lights-the-fire-of-every-crisis/) [Andrew Ross Sorkin](https://sms4smile.com/quotes/author/andrew-ross-sorkin/) > [It's the people who have an incentive to find the problem who usually find the problem.](https://sms4smile.com/quotes/andrew-ross-sorkin/it-s-the-people-who-have-an-incentive-to-find-the-problem-who-usually/) [Andrew Ross Sorkin](https://sms4smile.com/quotes/author/andrew-ross-sorkin/) > [In truth, in the fairy-tale version of bailing out Lehman, the next domino, A.I.G., would have fallen even harder. If the politics of bailing…](https://sms4smile.com/quotes/andrew-ross-sorkin/in-truth-in-the-fairy-tale-version-of-bailing-out-lehman-the-next/) [Andrew Ross Sorkin](https://sms4smile.com/quotes/author/andrew-ross-sorkin/) > [Some billionaires like cars, yachts and private jets. Others like newspapers.](https://sms4smile.com/quotes/andrew-ross-sorkin/some-billionaires-like-cars-yachts-and-private-jets-others-like/) [Andrew Ross Sorkin](https://sms4smile.com/quotes/author/andrew-ross-sorkin/) > [No one suggested Lehman deserved to be saved. But the argument has been made that the crisis might have been less severe if it…](https://sms4smile.com/quotes/andrew-ross-sorkin/no-one-suggested-lehman-deserved-to-be-saved-but-the-argument-has/) [Andrew Ross Sorkin](https://sms4smile.com/quotes/author/andrew-ross-sorkin/) > [“This generation of Wall Street CEOs could be the ones to forfeit America’s trust. When the history of the Great Recession is written, they…](https://sms4smile.com/quotes/andrew-ross-sorkin/this-generation-of-wall-street-ceos-could-be-the-ones-to-forfeit/) [Andrew Ross Sorkin](https://sms4smile.com/quotes/author/andrew-ross-sorkin/) > [“There are no atheists in foxholes or ideologues in a financial crisis. Ben Bernanke”](https://sms4smile.com/quotes/andrew-ross-sorkin/there-are-no-atheists-in-foxholes-or-ideologues-in-a-financial-crisis/) [Andrew Ross Sorkin](https://sms4smile.com/quotes/author/andrew-ross-sorkin/) > [Wall Street is littered with clever plans to use financial instruments to change behavior - carbon trading, for example. Some have changed the world,…](https://sms4smile.com/quotes/andrew-ross-sorkin/wall-street-is-littered-with-clever-plans-to-use-financial/) [Andrew Ross Sorkin](https://sms4smile.com/quotes/author/andrew-ross-sorkin/) > [I don't sleep well. I'm a very nervous - by my nature - anxious, almost paranoid person and reporter.](https://sms4smile.com/quotes/andrew-ross-sorkin/i-don-t-sleep-well-i-m-a-very-nervous-by-my-nature-anxious-almost/) [Andrew Ross Sorkin](https://sms4smile.com/quotes/author/andrew-ross-sorkin/) > [I was always one of those people who would watch the Super Bowl as much for the sports as I did for the ads.…](https://sms4smile.com/quotes/andrew-ross-sorkin/i-was-always-one-of-those-people-who-would-watch-the-super-bowl-as/) [Andrew Ross Sorkin](https://sms4smile.com/quotes/author/andrew-ross-sorkin/) > [“While the financial crisis destroyed careers and reputations, and left many more bruised and battered, it also left the survivors with a genuine sense…](https://sms4smile.com/quotes/andrew-ross-sorkin/while-the-financial-crisis-destroyed-careers-and-reputations-and-left/) [Andrew Ross Sorkin](https://sms4smile.com/quotes/author/andrew-ross-sorkin/) [Explore all 53 Andrew Ross Sorkin quotes ](https://sms4smile.com/quotes/author/andrew-ross-sorkin/) ## More Best quotes > [Failures happen. You can't cry over them. You just take it in your stride because you know that you have done your best... Sometimes,…](https://sms4smile.com/quotes/divya-dutta/failures-happen-you-can-t-cry-over-them-you-just-take-it-in-your/) [Divya Dutta](https://sms4smile.com/quotes/author/divya-dutta/) > [Scepticism and cynicism about politics is so great that one of the best counters to it is what you can do at a local…](https://sms4smile.com/quotes/ed-miliband/scepticism-and-cynicism-about-politics-is-so-great-that-one-of-the/) [Ed Miliband](https://sms4smile.com/quotes/author/ed-miliband/) > [Amongst the financial Twitterati, the term 'muppets' has come to describe any client used and abused by some financial predator. I've adopted the term…](https://sms4smile.com/quotes/barry-ritholtz/amongst-the-financial-twitterati-the-term-muppets-has-come-to/) [Barry Ritholtz](https://sms4smile.com/quotes/author/barry-ritholtz/) > [It's no wonder Pep is one of the best coaches in the world. When I knew I could work with him I was very…](https://sms4smile.com/quotes/ederson/it-s-no-wonder-pep-is-one-of-the-best-coaches-in-the-world-when-i/) [Ederson](https://sms4smile.com/quotes/author/ederson/) > [“Before you were my enemy, you were my best friend.”](https://sms4smile.com/quotes/kresley-cole/before-you-were-my-enemy-you-were-my-best-friend/) [Kresley Cole](https://sms4smile.com/quotes/author/kresley-cole/) > [If we accept being talked to any kind of a way, then we are telling ourselves we are not quite worth the best. And…](https://sms4smile.com/quotes/maya-angelou/if-we-accept-being-talked-to-any-kind-of-a-way-then-we-are-telling/) [Maya Angelou](https://sms4smile.com/quotes/author/maya-angelou/) > [I want to be perceived as a guy who played his best in all facets, not just scoring. A guy who loved challenges.](https://sms4smile.com/quotes/michael-jordan/i-want-to-be-perceived-as-a-guy-who-played-his-best-in-all-facets-not/) [Michael Jordan](https://sms4smile.com/quotes/author/michael-jordan/) > [I feel like I'm the best, but you're not going to get me to say that.](https://sms4smile.com/quotes/jerry-rice/i-feel-like-i-m-the-best-but-you-re-not-going-to-get-me-to-say-that/) [Jerry Rice](https://sms4smile.com/quotes/author/jerry-rice/) > [Life is where you love people and use things not use people and love things.](https://sms4smile.com/quotes/babloo/life-is-where-you-love-people-and-use-things-not-use-people-and-love/) [Babloo](https://sms4smile.com/quotes/author/babloo/) > [With every product, the delta between the brand and the reality determines its power over the minds of consumers, and with Trump, that delta…](https://sms4smile.com/quotes/rick-wilson/with-every-product-the-delta-between-the-brand-and-the-reality/) [Rick Wilson](https://sms4smile.com/quotes/author/rick-wilson/) > [The human element should be the two players on the court, not the officials. The best officials are the ones you never notice. The…](https://sms4smile.com/quotes/gene-scott/the-human-element-should-be-the-two-players-on-the-court-not-the/) Gene Scott > [I'm looking to fight the best guys in the world.](https://sms4smile.com/quotes/yair-rodriguez/i-m-looking-to-fight-the-best-guys-in-the-world/) [Yair Rodriguez](https://sms4smile.com/quotes/author/yair-rodriguez/) > [Batley and Spen has a high proportion of people working in manufacturing, and we can boast the full range of industries, including high-skilled, precision…](https://sms4smile.com/quotes/jo-cox/batley-and-spen-has-a-high-proportion-of-people-working-in/) [Jo Cox](https://sms4smile.com/quotes/author/jo-cox/) > [It is no secret that I have read 'The Da Vinci Code' several times. I genuinely believe that 'The Da Vinci Code' and 'Angels…](https://sms4smile.com/quotes/ashwin-sanghi/it-is-no-secret-that-i-have-read-the-da-vinci-code-several-times-i/) [Ashwin Sanghi](https://sms4smile.com/quotes/author/ashwin-sanghi/) > [Any position I was going to be in, I was going to make the best of it. I always do.](https://sms4smile.com/quotes/eric-bledsoe/any-position-i-was-going-to-be-in-i-was-going-to-make-the-best-of-it/) [Eric Bledsoe](https://sms4smile.com/quotes/author/eric-bledsoe/) Browse all 21,674 Best quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "In truth, the best Bitcoin can hope for is to be a second-rate version of gold, if that.", "creator": { "@type": "Person", "name": "Andrew Ross Sorkin" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/andrew-ross-sorkin/in-truth-the-best-bitcoin-can-hope-for-is-to-be-a-second-rate-version/", "about": { "@type": "Thing", "name": "Best" }, "@id": "https://sms4smile.com/quotes/andrew-ross-sorkin/in-truth-the-best-bitcoin-can-hope-for-is-to-be-a-second-rate-version/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/b90/andrew-ross-sorkin-12711_best_in-truth-the-best-bitcoin-can-hope-for-i_2898726.jpg", "contentUrl": "https://sms4smile.com/quotes/i/b90/andrew-ross-sorkin-12711_best_in-truth-the-best-bitcoin-can-hope-for-i_2898726.jpg", "url": "https://sms4smile.com/quotes/i/b90/andrew-ross-sorkin-12711_best_in-truth-the-best-bitcoin-can-hope-for-i_2898726.jpg", "width": 1080, "height": 1080, "caption": "“In truth, the best Bitcoin can hope for is to be a second-rate version of gold, if that.” — Andrew Ross Sorkin", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Andrew Ross Sorkin", "item": "https://sms4smile.com/quotes/author/andrew-ross-sorkin/" }, { "@type": "ListItem", "position": 4, "name": "In truth, the best Bitcoin can...", "item": "https://sms4smile.com/quotes/andrew-ross-sorkin/in-truth-the-best-bitcoin-can-hope-for-is-to-be-a-second-rate-version/" } ], "@id": "https://sms4smile.com/quotes/andrew-ross-sorkin/in-truth-the-best-bitcoin-can-hope-for-is-to-be-a-second-rate-version/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```