Quote from: Renampun on March 25, 2025, 10:11:11 PM

Quote from: SiliconHat on December 12, 2024, 04:23:08 PM

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Which team do you fall into Digital Gold or Traditional Gold?

of course i am team bitcoin, no need to doubt it anymore. I do like gold but it is only in the form of jewelry such as necklaces or rings but to maintain the value of my money in the long term, I prefer bitcoin, bitcoin only circulates as many as 21 million coins worldwide and the number cannot be reduced or added, this is the advantage of bitcoin that gold cannot have even though gold has been trusted for hundreds of years, the chance of bitcoin to increase 10x from its current price is 80% while the chance of gold increasing 10x from its current price is 50%, so for long-term profits, bitcoin is still the most superior.

If we talk about returns, I agree that bitcoin still gives better returns than gold because bitcoin is too small compared to gold, so it has greater growth potential. But I think it's not right to compare the supply between these two assets and say that bitcoin is better just because it has a smaller supply.

Even if we find thousands more tons of gold, I am sure it will never lose its value, and the price will still increase over time. The demand for gold is huge and the use of gold is not only for investment but also for use in all industries, daily life...while bitcoin is just an asset for investment and speculation. So comparing supply and claiming bitcoin is superior is not convincing.