Re: Gold quickly becoming more scarce. Which will be worth more, Bitcoin or Gold?
Gold and Bitcoin have equal standing when it comes to scarce supply and the value could not be manipulated by banks.
But in terms of convenience, Bitcoin has the upper hand compared to gold. Because buying Gold is very difficult to deliver and when it comes to Bitcoin it's just one click away and you have instant BTC.
But in terms of convenience, Bitcoin has the upper hand compared to gold. Because buying Gold is very difficult to deliver and when it comes to Bitcoin it's just one click away and you have instant BTC.
WRONG, WRONG, WRONG...
You can not buy Gold right now, everyone wants it and no one is selling. What do you think that will do to the price
( Grade school level question here ).You can buy BitCoin all day long at about 1/2 price since the economic crisis started. No matter how much you may wish it was not true, more people are happily parting with their BitCoin than their gold
WISE UP...
Hard Facts
This chart says the highest price for gold since March 13 2020 was on march 8th it was 1674 gold is now 1580 on march 31st