Post
Topic
Board Bitcoin Discussion
Re: Is limited supply money such as Bitcoin better than the ...
by
adzino
on 14/06/2019, 17:27:34 UTC
Is limited supply money such as Bitcoin better over the current forms of money?

For they can be printed out more (EURO, USD etc currency) and gold can be found all over the universe.
Gold can be found, but the metal is not unlimited in existence. The concept of "scarcity" can be used here. The more the scarce something is, the higher the value of that thing will be. Look at what happened to countries that started to print money. The value fell down and became totally worthless. But since, the amount of bitcoin is limited, as more people starts to adopt it, the value will eventually go higher.