Thread
Bitcoin is better money than gold. The simplest ye most overlooked reason: scarcity.
Gold’s supply is elastic. As price rises, so does supply. A bet on gold is a bet against human ingenuity. A bet against our ability to engineer more gold.
I don’t want to bet against Elon to store my hard work.
Bitcoin fixes this. It's finite. A bet on humanity, not a bet against it.
Replies (4)
KYC makes any money social credit.
So as long as your company does not provide KYC free services you are a hypocrite of epic proportions.
Not to speak about fungibility, which is an essential requisite of money that gold, cash and Monero have but not Bitcoin.
There are trade offs. You choose auditablity over fungibility. Meanwhile Monero has better auditability than both gold and cash.
da fuk?
why is mallers making gold FUD?
"gold is short human ingenuity because Elon will just fly to Mars" is right up there with "Bitcoin is insecure because quantum computers"
Scarcity that respects human ingenuity. Hodl strong!
Love these short videos tho. Very useful to 🍊💊
