⚡️🇵🇰 JUST IN: Pakistan discovers large gold reserves worth $2.1 billion.

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And gold bugs think gold has a limited supply…

2.1 billion is nothing

Discoveries of new gold don't dilute the price; mining gold is costly and thus, that is what the factor is, the 'Proof of Work' ;)

Gold still does not have a fixed supply

no one said it did, but the requirements for it (demand) organically increases

Imagine btc price if proven true hahahaha

Look at all this scarcity that keeps popping up. Brazil, El Salvador, it's almost like gold is becoming less relevant by the day.

nostr:nevent1qqstqxwhcxfl978ne8u6vvyyfjlydlzjdpn7nhjcenlcefurcsszczcpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygzd0ppq29uzurflavp569g2ms4khtjwuw6f0pne80l6g69k7kukkvpsgqqqqqqs74452k

Bitcoin is so gonna eat shiny rock's market cap soon.

I Hope 🙌

Lots of that stuff being discovered lately. Anyone would think the price has gone up?

First El Salvador, then China, now Pakistan. In total about a 10% to 15% increase in supply. All within a month. Sounds like some fuckery going on.