Quote from: jesselui on September 23, 2022, 11:43:03 AM

Yes, of course. Because gold will always be valuable, and this has been going on for thousands of years. But bitcoin is only a 10-year-old project and it is unclear how many more years it will live. So of course it's scarier.

well and that's the thing. gold would be valuable if all the computers in the world stopped working and the internet stopped existing. because guess what, they never used to have computers or internet a hundred years ago and yet gold was a thing of value. bitcoin can't be compared to gold in that sense because it relies on a continuously operating infrastructure if that infrastructure goes away then so does your bitcoin and any perceived value it had. but we all understand that. so if someone is going to say "BTC is scarcer than gold" I highly recommend they put a big asterisk next to it.