Joey Palcher
@lakerlegend08
#bitcoin Single Issue Voter
ID: 292124970
03-05-2011 04:17:32
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money minimalist ۞ Pledditor Michael Saylor The problem with gold as a long term treasury asset is that it lacks a difficulty adjustment and halving, so the higher the gold price goes the more capital gets invested in new gold mining projects and accelerate the dilution of above ground gold supply.
Let me translate this statement from Treasury Secretary Scott Bessent China is banning Bitcoin but letting its citizens buy gold. Gold is a controllable safe heaven. Bitcoin is not. If you think Bitcoin is dead, you are an idiot. So much higher
Olivier Blanchard Bitcoin's value comes from the fact that it is an open source computer protocol for money that underpins a global decentralized network for exchanging value that is verifiable by anyone, with a currency unit that has an absolute finite supply, ensuring it is stable, predictable,