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.
Published at
2025-10-20 04:33:31 UTCEvent JSON
{
"id": "5ce72583cdb34e77fe5adf697b83a6303ba827d8ed1c586f5433883b0d2b5c10",
"pubkey": "7f3b464b9ff3623630485060cbda3a7790131c5339a7803bde8feb79a5e1b06a",
"created_at": 1760934811,
"kind": 1,
"tags": [],
"content": "The difficulty adjustment in Bitcoin was an epiphany for me.\n\nWhen gold prices rise, more gold gets mined.\n\nWhen Bitcoin’s price rises, the supply issuance stays the same.\n\nGold CANNOT compete with Bitcoin’s inelastic supply.",
"sig": "b6ab2171b68c90083bd1ebfd89bfd6594660b5f335683d5d09e1cb17dca7c0f13e2f8380b5df93cc078d82356aee3091c2d667a6d4a9369de8ed61a36308dd18"
}