Quote from: virtualdn on May 17, 2022, 12:32:24 PM

244,000 metric tons of gold has been discovered to date, 55,000 tons of gold are left.

But there is still a lot of gold left in the universe. There is gold on asteroids for example. One day these will be minable. So the gold supply is not as limited as some may think.

However, gold is hard to move around, weighs a lot, it's hard to sell or buy, it's not practicable.

With BTC it's another story. We all know there are only 21,000,000 coins and 3-4 millions are already lost forever.

There is no Bitcoin in the whole Universe, except on Planet Earth.

BTC is scarcer than gold. I think one day 1 BTC will enter the $xxx,xxx zone then the $x,xxx,xxx HODL BTC

I will not go into the question of whether BTC is less than gold, I don't really like to compare the two. At present we use gold as the asset of all currencies. The point is, the more gold you have, the more value of your currency. And for this, the big powers are competing for gold reserves. Gold has been used as a currency for thousands of years, but now gold is not used as a currency but as a currency asset.
And Bitcoin, Bitcoin is a potential cryptocurrency. It is called the mother of cryptocurrency. Yes, it may be that the price of Bitcoin may increase many times over due to low supply but I think Bitcoin may not have a value 100 or 200 years from now it may be replaced by someone else but Gold will be used as a valuable asset. I think Bitcoin is the mother of all currencies in the cryptocurrency world, and Gold is the mother of all currencies, Whether it is digital or fiat.