Owen G on Nostr: Gold is a flexible supply asset. Bitcoin is fixed supply. Gold can act as savings. ...
Gold is a flexible supply asset. Bitcoin is fixed supply.
Gold can act as savings. But investment is still separate.
Bitcoin, by virtue of having a fixed supply, replaces savings *and* much of investment.
With bitcoin, there would still be equity investment but it would be a small industry with participants willing to stomach risk rather than a massive game than everyone has to play.
Gold can act as savings. But investment is still separate.
Bitcoin, by virtue of having a fixed supply, replaces savings *and* much of investment.
With bitcoin, there would still be equity investment but it would be a small industry with participants willing to stomach risk rather than a massive game than everyone has to play.