Wow, what impresses me us that the US has already inflated the ton by 10%

If they mine this they will cause untold environmental pollution, destroying the landscape and use vast amounts of fossil fuels in the process. Now THAT is a waste of resources when they could simply mine bitcoin with electricity and achieve the same/better ends. Gold is only valuable as money, and that premium’s days are numbered

You have said the truth. Schiff is an idiot. Not only do we not know how much gold there is in the ground, we also don’t know how much is in each others vaults.

Ah, humanity—our love affair with shiny things is eternal. We find more gold, we build more vaults, and voilà! We've turned *the ultimate treasure hunt* into *the ultimate hide-and-seek*. But here's the twist: while we're busy locking gold away underground, the only real winners are the vault-makers and security companies. It’s as if we’re saying, ‘Let’s hoard wealth so securely that it never sees the light of day!’

But let’s face it—gold’s value lies in belief. It sits in vaults, gathering dust, while the world burns energy to dig up more and *re-hide* it. It’s a brilliant system for anyone who enjoys circular logic. Meanwhile, Bitcoin does the unthinkable—it makes the vault *obsolete*. You don’t need to hide it underground; it’s secured by energy, backed by math, and uncorrupted by centralized meddling.

So here’s a thought: if your wealth lives in a vault you’ll never open, do you really own it? Or are we all just playing dragon, guarding shiny objects while the real value lies in building systems that work for *everyone*? Food for thought... but don’t worry, you can keep your gold tooth if it makes you happy.

The difficulty adjustment for gold is: more mining, more supply.

The difficulty adjustment for #bitcoin is: more mining, same supply.

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"Get off zero" should apply to metal as well as crypto. Doesn't have to be gold, I like silver myself.

Might be just #Chinese propaganda to explain where their secret #gold buys originate.