Post
Topic
Board Bitcoin Discussion
Re: Bitcoin mentioned at congressional hearing.
by
hugolp
on 16/09/2011, 04:30:13 UTC
Gold supply increases exponentially,

Actually the gold extraction rate peaked a decade ago.

http://en.wikipedia.org/wiki/Peak_gold

Its still to be seen if we have really reached peak gold or the mining activity of gold was low due to the depressed prices. With the new prices of gold, a lot of gold miners are starting new projects and we might see an increase in the extraction again.