Good point made by Silberman. Just imagine once we have mastered and conquered space exploration within our immediate vicinity, we’ll have a huge resource of golds and precious minerals that could virtually overshadow Earth’s mined resources for such, making them not that scarce at all. In bitcoin, it is governed by set mathematical rules and cryptographic principles. Good luck finding for a workaround on that.
I loved this imagination. You must be space thinker and that's the reason you think out of the box!
Considering the meteor showers that happens on the moon, there has to be huge chemical reactions going on to produce million tons of Gold.
Obviously this all modest thinking and we still have time for moon gold digging but it will surely happen sooner or later considering our pace of space exploration and human needs (or greed !!).
This will dilute the Gold price ridiculously. In the mean time Earth itself has huge resources available and gold keeps forming within the crust so logically
its not finite.
Wozniak Thinks Bitcoin Is Better Than Gold
“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.”
Yes, Woznaik's mathematical expression is undeniable and well it's a fixed number, it can not be altered, can not be upgraded. This makes sense why bitcoin would outburst even further and make Gold look like tiny stuff in the future.
Can we announce bitcoin the winner. Or would it be premature.
Whether it is winner or not I am not sure because there are many ways to compare this thing.
However, it's definitely not premature to think on the current scenario of BTC vs GOLD.