Calling gold a "rock" doesn't help your case, frens. It's a metal, and a precious one at that. It served as excellent money for thousands of years. It deserves our respect.
Be confident enough in your assessment of bitcoin as better money that you don't resort to Keynesian slurs.
In its well-earned and well-deserved retirement, it deserves the title "Money emeritus."
#plebchain
Yeah I've never understood the gold hate honestly
Even better:
golds scarcity and beatiful properties come from the fact that it cannot be created by humans. Heck, it cannot even be created by mother earth.
If there is a substancial amount of gold being created on your planet, it is most likely that your entire planet and solar system is being ripped apart. And left in total destruction.
This is because of the fact that it takes a star with 10 times the mass of our sun to explode in a supernova in order to create gold. Or colliding neutron stars. Those are some of the most powerful celestial events in the cosmos.
Still, it’s mere pavement in the end. Revelation 21:21
Correct: #gold is useful even in the new creation, even when no longer scarce (unlike #bitcoin). ;-)
Don't get me wrong: bitcoin is better money for the current age, but gold deserves respect. We don't have to belittle it to make bitcoin look better. Gold is very good money. Bitcoin is even better money. Consider it good sportsmanship.
"Simple as."
Gold will always be scarce, unless some unimaginably strange events happen.
Even if Bitcoin completely takes over the financial system & gold loses all monetary premium, gold would still be scarce.
We are referring to a passage in Christian apocalyptic literature, likely metaphorical, where the "street of the [heavenly] city is paved with gold" (Revelation 21:21).
