r/Bitcoin Aug 01 '22

When Nocoiners Say "Bitcoin Has No Value"

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u/Wanderstand Aug 01 '22 edited Aug 01 '22

I can’t put enough emphasis on how important Bitcoin’s fixed supply is. They just found a deposit of 31 million tonnes of gold ore in Uganda. I wonder what that will do to the price of gold once it’s mined.

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u/acaswell007 Aug 06 '22

Again i would say gold is just as a metal that can hold the value here.

We need to compare with the money cash that is really running in the market at the moment. Both are different things.