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At the time a lot of gold was mined in California, the gold supply increased a lot as well. With Bitcoin the supply is algorithmically limited.
by xiphias2 6y ago
At the time a lot of gold was mined in California, the gold supply increased a lot as well. With Bitcoin the supply is algorithmically limited.
- gaspard234 6y agoWell real world gold is also limited. The California mountains used to be rich with huge veins of gold and now while you can still find some in these places it is very rare compared to the 1800's.
- paxys 6y agoTrading activity can still be high regardless of new supply, and that is what Coinbase is capitalizing on.