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Scraped on 21/08/2025, 05:02:55 UTC
Quote from: DanWalker on August 11, 2025, 01:11:56 PM
Quote from: headingnorth on August 11, 2025, 04:20:50 AM

Bitcoin is just a better version of gold.


Are we doing this again?

There have been so many threads comparing bitcoin and gold, aren't you tired and what do you expect when you say this on the bitcoin forum? No matter what you say, there is one fact that you and those who are biased towards bitcoin cannot change. Gold is still the most treasured asset in the world and the only safe haven that investors will turn to in times of world turmoil, not bitcoin. Gold has a market cap 10 times larger than bitcoin, that is not going to change anytime soon and probably never will. No matter how large the gold supply is, it will never be enough to satisfy the world's thirst for gold, and they will not get bored of gold for that silly reason. The demand for gold will continue to increase and no other asset can keep up.
Yeah gold is the precious until we discovered technology to drill asteroid and then suddenly we got a moon sized asteroid full of gold and the price slashed to 1/4.
There are many space drilling company on the making right now. So, I want to bet on the limited supply of bitcoin which is safeguarded by math instead of fake sense of scarcity that gold has offered which could change in the near future for all i know. At the end of the day, people are free to choose their asset to invest in.
Original archived Re: The two most important properties of Bitcoin
Scraped on 21/08/2025, 04:58:41 UTC
Quote from: DanWalker on August 11, 2025, 01:11:56 PM
Quote from: headingnorth on August 11, 2025, 04:20:50 AM

Bitcoin is just a better version of gold.


Are we doing this again?

There have been so many threads comparing bitcoin and gold, aren't you tired and what do you expect when you say this on the bitcoin forum? No matter what you say, there is one fact that you and those who are biased towards bitcoin cannot change. Gold is still the most treasured asset in the world and the only safe haven that investors will turn to in times of world turmoil, not bitcoin. Gold has a market cap 10 times larger than bitcoin, that is not going to change anytime soon and probably never will. No matter how large the gold supply is, it will never be enough to satisfy the world's thirst for gold, and they will not get bored of gold for that silly reason. The demand for gold will continue to increase and no other asset can keep up.
Yeah gold is the precious until we discovered technology to drill asteroid and then suddenly we got a moon sized asteroid full of gold and the price slashed to 1/4.
There are many space drilling company on the making right now. So, I want to bet on the limited supply of bitcoin which is safeguarded by math instead of fake sense of scarcity that gold has offered.