Another example of why Bitcoin>Gold “$12.8 Trillion In Gold Deposits Discovered In Uganda.”

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That is precisely why gold ( as a currency ) is greater than any fiat currency including btc

Gold supply scales with trade, technology and exploration. If an economy is caught in a deflationary spiral, gold appreciates vs other commodities, it attracts labor and investment and fixes the ‘money’ supply on its own.

Gold had been denationalized money for millennia precisely because it has those abilities to maintain price stability. BTC could be a store of value, like a highly transactable collectible, but could never become a wide spread denomination for debt and contracts because instability and propensity for deflation comes from its fixed supply.


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