Can't deny most of people already thinks of credibility when it comes to gold, but is it finite though? it's considered finite because we rarely found gold mine, but even asteroid contains gold. until space exploration possible, it will stay finite I guess, but I don't know when human can mine asteroid or even other planet.
On the other hand, bitcoin is secured by math, can't be replicated and supply is capped. Countries need to start looking at BTC and consider it as a reserve.
On the other hand, bitcoin is secured by math, can't be replicated and supply is capped. Countries need to start looking at BTC and consider it as a reserve.
I knew it. Gold was a scam all along. There are plenty of it available for everyone (if what you say about the asteroids is true). On top of that, countries are suddenly discovering new Gold deposits (China, El Salvador, etc). Gold's position as a "store of value" could be ending soon. Bitcoin, on the other hand, has a fixed and predictable supply of no more than 21m coins.
Some say Bitcoin's supply can be changed, but that requires a consensus of a supermajority of nodes and miners for it to be approved. I doubt the community would want to mess with Bitcoin's scarcity. Hopefully, BTC will replace Gold in the future. The "party" is just getting started. Just keep growing your stack of Bitcoin and forget about the rest.
