Post
Topic
Board Bitcoin Discussion
Re: Don't Cap Bitcoin: The Game Never Ends
by
Darker45
on 23/07/2025, 00:35:31 UTC
Unlike fiat and gold whose supplies inflate continuously, Bitcoin's has an end. And if Bitcoin remains relevant a hundred years from now, its value in fiat must already be staggering.
gold is limited but we just might have not discovered all that there is in the world but we can’t really create any more gold than we have but fiat we can always create more it’s unlimited so i do not think they are similar

bitcoin and gold are both limited in supply that’s why they are considered good investments

It's one thing for an asset to have limited supply; it's another to have fixed supply. That's a world of difference. If it becomes cost-beneficial in the near future, the gold market will even have new supply coming from outer space. Extra-terrestrial or asteroid mining will become a thing as soon as technology makes it affordable enough.

It's even wrong to say we can't create any more gold. Gold can be produced in a laboratory, at least theoretically. Of course, it won't be worth it, but it can be done.

Bitcoin's supply, on the other hand, is cast in stone. There are IOUs and hollow numbers and paper coins, though. Grin