Did you know - Around 850 million dollars worth of #gold is added daily - to supply at current prices - verses only #40 million dollars of #bitcoin ..
#askNostr
#gold is rough measure cuz no one actually knows exact number ... But in #bitcoin you can measure up 1 in 100 millionth part - called…
Is #gold the most inert and dense material ?
#askNostr
A natural candidate to pack a star's core !
Asking cuz more denser elements become less intert .. such as with #Osmium you can get little higher density but get it at the cost of brittleness and reactivity ..…
#bitcoin has two types of thought leaders ..
those who think it is Digital #gold - aka push the price up
those who think it is poor peoples currency - push the price down ..
Which is the right side ?
#askNostr…
If #gold is not store of value .. assuming #bitcoin takes that function .. is there any reason to mine more #gold ?
#askNostr
Wouldn't then gold be fixed supply just like #bitcoin ?
Tip - we have more gold sitting in vaults to meet all our jewellery needs if that is even
It is all in the assertion:
If you said here is a digital copy of my physical book - much cheaper - everyone wants a digital copy .. barring few :-)
If you said it is native digital art - like an #NFT .. no one wants it after initial euphoria of the echo chamber ..
What…
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Curated by npub.pro ... with the help of my #nostr friends who so eagerly answer any question you throw on them - thank you nostriches !
