Quote from: Hydrogen on Today at 05:21:28 PM

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

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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.

This is a topic that interest me greatly and I think he is right, for example most of the gold ever extracted has been extracted from the surface not covered by the sea, can you imagine how much gold is hidden below the sea? So all the estimations about how much gold remains in the world are probably way off, also once humans begin to explore space with more efficiency space mining will become a thing and the amount of gold we will have access to will only be limited by our ability to get there and extract it, so bitcoin is way more scarce than gold will ever be.