Bitcoin Users Unaffected as NASA Targets Infinite Amount of Gold
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An easy argument against the “limited supply” trope around gold is simply that we don’t know how much is out in the universe.
Precious Metal Supply: Not Limited After All
NASA reportedly just uncovered a vast gold rock with enough of the stuff to make everyone billionaires at current prices. Of course, this much gold would drop the price.
This is an episode, of course, which could never happen in Bitcoin.
But those with the skills and the equipment – and, importantly, the money – can now go out into space in search of gold and platinum, among other things.
If they find them and bring them home, what’s to stop them from entering the market?
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