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Gold also loses value due to dilution, when more gold is mined.
by capitalsigma 4y ago
Gold also loses value due to dilution, when more gold is mined.
- reedjosh 4y agoYou're so silly. Everyone else was reasonable in response or directionally correct. Lol Yeah, more gold is mined in general, but the rate of which is tiny, and the cost of which is way too high. Of course if we achieve multiplanetary whatever then gold may become worth less, but not worthless. Still, that's why BTC may be better, buy then what's better? Digital of physical sarcity. There's a lot of depth and nuance that humans don't have perspective enough to really weigh in on yet here so...