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Is Gold a better 'Store of Value' than ₿itcoin❓ 🤔
In this video, we discuss if ₿itcoin is a better store of value than Gold.
Not only is ₿itcoin easier to store, transport, and assay-- but ₿itcoin is also much more scarce than Gold. ₿itcoin's maximum supply is fixed forever at 21 Million BTC, whereas Gold inventories keep doubling every 47 years.
Unlike other commodities, ₿itcoin's supply is perfectly inelastic. ₿itcoin does not respond to high prices by bringing on more supply, unlike every other commodity.
Once the market finally figures this out, we will see a large increase in the purchasing power of ₿itcoin.
* Years ago, when Gold hit $1,600 per 1oz Gold coin, a relative of mine knew a guy with 1 BTC who wanted to trade it for Gold. Gold and Bitcoin were roughly at the same price at the time. My relative traded his 1oz Gold coin for the other guy's Bitcoin. I think my relative got a much better deal in the end. When we see each other, we bring this up every so often and laugh. It's very historical considering the timing of the trade.
What Happens To Stocks And Real Estate In Hyperinflation?
https://www.youtube.com/watch?v=ZUC6Uz4l2M8&ab_channel=TraderUniversity
Mountain With 60-90% Gold Soil Discovered In Congo:
https://www.outlookindia.com/website/story/world-news-mountain-with-60-90-gold-soil-discovered-in-congo-villagers-flock-with-shovels/376433
Uganda exploration shows it has 31 million tones of Gold ore (Doubling World Supply):
https://www.reuters.com/article/uganda-gold/uganda-says-exploration-results-show-it-has-31-million-tonnes-of-gold-ore-idUSKBN2NP17M
My favorite ₿itcoin dashboard:
https://bitcoin.clarkmoody.com/dashboard/
₿itcoin: Can You Increase The 21 Million Coins?
https://www.youtube.com/watch?v=lp7PuRPJk28&ab_channel=TraderUniversity
Is ₿itcoin A Bad Store Of Value?
https://www.youtube.com/watch?v=skFOaAc7TRU&ab_channel=TraderUniversity
Original Video by Trader University: https://www.youtube.com/watch?v=OTmbtuvx_NE
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₿itcoin (BTC):
bc1q63xshh2c2u4tvc6jksl5crlhtp554qu0l4nn8j
₿itcoin Cash (BCH):
qqms8t79e6rk5z5djad360d38y9kkqnh7yfpxkkuy5
₿itcoin SV (BSV):
1F6oH8qkMjswViJSwq965gRivE3DqKuJKC
Litecoin (LTC):
LgxrUdjUxnmFGLtsAbh76C3aAm3dXAGDFV
Dogecoin (DOGE):
DGn5bkC9WM1E2oM79HWiYoVxE3rHuEGkoS
Ethereum Classic (ETC):
0xC03AEe5333D50a20810e1A7585D9BB3f77E0B773
Ethereum (ETH):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Shiba Inu (SHIB):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Chainlink (LINK):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Polygon (MATIC):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Ripple (XRP):
rwvGofsMZQMyqro9YPe7swpo6C6Kagpg2e
VeChain (VET):
0x6410f2e05fEF8169bd1A6935884B9D4D56D9017b
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