Stories of conversion
For decades, gold has been the ultimate hedge against inflation, government overreach, and currency collapse. Many Canadians — especially those raised on financial independence and hard-money principles — trusted gold, not banks.
But something has changed.
More and more “gold bugs” are warming up to Bitcoin — and their reasons might surprise you.
Before we look at their stories, you can explore foundational concepts in the Bitcoin Resources Hub or learn more about our mission at the 1Bitcoin.ca Homepage.
Mark (63, Alberta) – “Gold protected me… until I saw what banks could do.”
Mark spent years watching gold preserve purchasing power through inflation and political chaos.
But when he saw a bank in Lebanon freeze withdrawals while Bitcoin kept working, something shifted.
“Gold protected me. But Bitcoin freed people.”
He now keeps a small allocation — around 2% — in Bitcoin, secured using best practices from the Self-Custody Guide.
His global-use realization began after learning how Bitcoin operates in distressed markets. Explore these examples in the Resources Hub.
Lena (52, Ontario) – “Gold stored value. Bitcoin let me use it.”
Gold was solid. But in practice?
“My gold was safe — but not helpful. I couldn’t use it.”
She realized that transactional utility matters just as much as storage.
So she ran an experiment:
- Bought $50 of Bitcoin using Bitcoin Express
- Learned how to send it
- Verified the transaction using the Transaction Verification Guide
Now she stores both assets — with her Bitcoin kept safely in a cold wallet.
For newcomers learning terms like addresses, wallets, or confirmations, check the wallet glossary entry.
Jason (44, BC) – “Once I understood the rules, it clicked.”
Jason was skeptical until he studied Bitcoin’s fundamentals:
- Halving cycles → see the Resources Hub
- Supply cap → built into Bitcoin’s design
- A system that works without middlemen → core to Bitcoin sovereignty
Now he teaches Bitcoin 101 to older investors at his local meetup — showing them that hard-money principles naturally extend into digital systems.
His educational journey parallels what we aim to offer through the 1Bitcoin.ca Homepage.
What Every Conversion Story Has in Common
1. Gold prepared them for Bitcoin.
Hard-money thinkers already understand scarcity, independence, and distrust of centralized systems.
2. Self-custody mattered.
None trusted exchanges to hold their money.
They valued controlling their own keys — see the Self-Custody Guide.
3. They didn’t sell gold — they added Bitcoin.
Most now hold both assets.
If you’re considering doing the same, start with the How to Buy Bitcoin in Canada Guide.
Final Thought
The leap from gold to Bitcoin isn’t as far as it looks.
Both attract people who value:
- Sovereignty
- Independence
- Protection from inflation
Gold bugs and Bitcoiners share the same philosophy — only the tools differ.
If you’re already a gold holder, Bitcoin isn’t your enemy.
It might be your next chapter.
