Supply of gold increase ~2% every year, Bitcoin supply capped at 21 million.
Try paying someone in gold. Is it easily divisible? Is it safe?
Bitcoin offers instant, private, peer to peer transactions globally.
Govts can confiscate gold. How can they confiscate my bitcoin when the keys to access are in my head?
The list goes on my friend. Do some more research. You’re in the right place so you have that going for you.
supply of gold is not affected for its industrial utility and its "capped" due to industry grow and miners. bitcoin is not instant, it take times to verify the transaction in the mining side, often days for low transactions.
it is capped because tomorrow you can not open a gold mine and increasy the gold supply in such a way to disrupt the market, first of all because you don't have the machines and mining heavy equipment and second you need humans to do that job.
It is capped because gold it is not used in industry and it is not expected we are going to use our gold supply to cover industrial needs in short or long term.
are you using chat PGP to write your answers ?
@castaway I did my research more than 10 years ago I am a skeptic I never bought bitcoin I will never buy. It is your game I am watching how you especulate and lie to inocent people with lack of knowledge to risk their money in such a risk game.
