I thought BTC was digital gold?
If you did that same experiment for #platinum. Every person would get 1.25 grams of #platinum or about 37 USD. What would you rather hold?
Would you rather him take fractional gold or goldbacks?
I think that’s the joke. Just because something is scarce doesn’t make it valuable.
Banks need those deposits so they can fund war.
What’s a Schiff guy?
I recently was introduced to the resources on Mises. What is some of your favorite reads on Mises.
The point is you made an outlandish statement that majority of the population is going to own bitcoin when nearly 40% of the world population doesn’t have basic electricity.
Ok. But, it will take decades for infrastructure to be built. Gridless and other organizations are doing great work. But, if you provided electricity to 100k new people every day until the end of the century. You still wouldn’t reach 3 billion.
3 billion people either don’t have electricity or have unreliable electricity. So, I think we are a long way from the majority.
Better question how many non-bitcoiners on the platform? If nostr only gets adopted by bitcoiners. I don’t believe it will succeed.
Thank you.
No. The technology behind making gold notes is getting better. Plus, competing gold notes which makes the products better. When it comes to global transactions I think that #bitcoin is superior at this time. However, I think gold notes at a local transaction level make a lot of sense.
In regard to pace, I was referring to #bitcoin adoption is happening at a faster rate than #gold.
I know exponential more people who own #bitcoin than #gold but I think the learning curve for gold notes is much lower. Therefore, lead to more adoption of gold notes because people behaviorally already use paper notes for transactions.
We have a long way to go, but #gold adoption is having happening at a slower pace than #bitcoin. But the divisibility of #gold is becoming more and more possible with the technology.
Just like #bitcoin technology in the #gold industry is getting better. Study #goldbacks
What’s with younger generations making everything ageist? Boomer rock. Z coin? lol.
The autocomplete is incredibly unusable. It deters me from using the application.
Feature I would like to see is the ability to follow specific hashtags and see it in my feed.
296k kilo bars of gold in the CME. Today, 136k of kilo bars was removed from the CME. #cme #cmereport #gold