Replying to Avatar N3WD3V

“original precious metal is gold”

Do you agree with that ?

Gold’s generational claim to fame is “property of being incorruptible” (it does not tarnish or corrode)

Do you think bitcoin will hold it value longer then gold ? You see how simple it is to explain gold…give me bitcoin generational claim to fame in 100 years from now… please keep it simple #asknostr #bitcoin #gold
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Wizdumb 2mo ago

#Bitcoin has a stock-to-flow schedule that gold can’t compete with. Bitcoin is absolutely scarce, gold is relatively scarce. Gold has physical limitations as money, bitcoin does not. Gold will always centralize if it’s recognized as money, bitcoin (in theory) doesn’t.

When comparing them as money, bitcoin fulfills every imperative criteria, whereas gold fulfills only some. Bitcoin is also in its infancy on the adoption curve (we are still extremely early).

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G Force G 2mo ago

Unless the devs are compromised and the miners update their node software.

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Wizdumb 2mo ago

I 💯 agree. #Bitcoin certainly has its share a of risks, too. Compromised devs are one of them, could be witnessing it in real time right now with core devs…