Re: Do you think a Bitcoin is worth more than a metric ton of gold?
There's 244k tonnes of gold that has been mined from only 3 countries. There might be gold deposits in a lot of other places (and areas we can't access like beneath the ocean).
I think there's likely a time where the number of bitcoin will become more scarce than the number of tonnes of gold, it might be a matter of when.
I think there's likely a time where the number of bitcoin will become more scarce than the number of tonnes of gold, it might be a matter of when.
Yes, Bitcoin is already far rarer than pounds of gold, and the price is similar. A ton of gold is about $55 million right now. That price would make one satoshi 55 cents, and still wouldn’t make me a millionaire
