Join Nostr
2025-10-20 04:33:31 UTC

NeilJacobs on Nostr: The difficulty adjustment in Bitcoin was an epiphany for me. When gold prices rise, ...

The difficulty adjustment in Bitcoin was an epiphany for me.

When gold prices rise, more gold gets mined.

When Bitcoin’s price rises, the supply issuance stays the same.

Gold CANNOT compete with Bitcoin’s inelastic supply.