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Topic
Board Economics
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Bitcoin vs Gold Debate Settled
by
Hydrogen
on 16/12/2020, 17:21:28 UTC
⭐ Merited by Silberman (1)



Steve Wozniak is famous for making some of the sharper comments in the gold vs bitcoin debate:

Quote
Wozniak Thinks Bitcoin Is Better Than Gold

OCTOBER 23, 2017

He said, gold does not necessarily have a fixed supply either, because humans will continue to find more efficient ways to dig it out of the earth.

“Gold gets mined and mined and mined,” Wozniak said. “Maybe there’s a finite amount of gold in the world, but Bitcoin is even more mathematical and regulated and nobody can change mathematics.”

https://bitcoinmagazine.com/articles/money2020-wozniak-thinks-bitcoin-better-gold

....


That's a great interview in the link btw. Highly recommend. Wozniak's comments about the evolution of ground penetrating radar coupled with more efficient methods being devised to mine gold. Contrasting with bitcoin's mining being statically regulated by algorithm. That has always stuck with me as one of the smartest things said in the gold vs bitcoin debate.

After years of debate BTCitcoin is pulling ahead of gold on short term charts.

Can we announce bitcoin the winner. Or would it be premature.