just been looking at gold prices and honestly, pax gold is doing something interesting right now. it's up over 50% this year while bitcoin's actually down, which is wild. most people are still obsessed with btc but the numbers don't lie

so pax gold is basically just gold on the ethereum blockchain - each token represents actual physical gold stored in a vault. the whole appeal is you get real gold exposure without the hassle of an etf or dealing with physical bars. trades around $4.65k per token right now and the market cap hit like $2.4 billion

what's crazy is comparing it to traditional gold etfs. you're not paying those annual fees, you can trade it 24/7, and theoretically you own the actual gold. if you're trying to diversify your $500 or whatever you have lying around, it's worth considering instead of just going all in on bitcoin like everyone else

the catch? it moves with gold prices, so if gold crashes, so does paxg. and yeah gold's been on a tear lately but that doesn't mean it keeps going up forever. still, when bitcoin's struggling and ethereum's mixed, having something that's actually printing gains is refreshing. not saying it's better than bitcoin long term, but right now it's actually making money

you thinking about it or sticking with the usual suspects?