Replying to Avatar Kenshin 🥷

After trying to figure out the supply and marketcap of Gold, it put bitcoin's scarcity into better perspective...

Did you know that gold has an estimated 216,265 tonnes "above-ground" stock... That's 216,265,000,000 grams of gold ever mined so far.

Now compare that to the 21,000,000 bitcoin or 2,100,000,000,000,000 sats...

So who ever says there's not enough bitcoin should look into how gold worked as hard money for thousands of year with 10,000x less supply. 👀

#bitcoin #gold

a0
nobody 11mo ago

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Kenshin 🥷 11mo ago

Wow haha that's crazy! Yes gold is not a great savings instrument anymore...

a0
nobody 11mo ago

Sim, quem adota as coisas primeiro historicamente, como a internet, energia elétrica etc sai MUITO na frente e com bitcoin não vai ser diferente, quem ainda tá preso em valor no ouro será destruído!

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