Here’s my original thought that has likely been thought of before.
Theres dozens of reasons one could argue for in favor of either side whether they support gold or Bitcoin.
However the one reason that trumps them all, I think, is the fact that as we all know, there will only ever be 21 Million BTC.
On the flip side, who knows if one day a massive amount of gold will be discovered? Advances in mining technology, whether it be more efficient processing equipment or high tech scanning instruments, could greatly increase the global supply of gold. Perhaps an asteroid will crash from outer space one day bringing incomprehensible amounts of gold with it.
The point being, there are a ton of unknowns with the future of the gold supply, meanwhile the Bitcoin supply is completely predictable, and will be as long as the internet is still up and running.
Does anyone agree or disagree with this thought?
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