Quote:
Originally Posted by Enoch Root
Flawed argument...
Bitcoin can't become a gold replacement BECAUSE its supply is finite and already limited. As a result, it won't work as a gold replacement because it won't work as an inflation hedge.
If other cryptos DO provide an easy substitute, then the scarcity argument fails.
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You’re right it will be 10x better than gold not replace. You’re argument against inflation hedge because of it’s scarcity makes no sense.
You don’t understand Bitcoin value I get it, but I wouldn’t speak in absolutes, it sounds silly.
I think you should def load up on gold.
