RE: An ounce of Gold or an ounce of Bitcoin?! (Contest Inside!)

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An ounce of Gold or an ounce of Bitcoin?! (Contest Inside!)

in bitcoin •  7 years ago 

If you were to ask people what gold's supply schedule looks like over time, they probably would not draw you something that looks like an exponential curve. With gold being sneakily inflated, it's not set up to preserve value in the way that bitcoin is

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It is not sneakily inflated...it is dug up out the ground. The effort involved in digging it up out the ground secures its price.