#Bitcoin > Gold
For the attributes that make a monetary good suitable as a store of value, #Bitcoin is superior to gold along every axis except for established history. As time passes and the Lindy effect takes hold, established history will no longer be a competitive advantage for gold. Thus, it is not unreasonable to expect that #Bitcoin will approach, and perhaps surpass, gold’s market capitalization in the next decade. A caveat to this thesis is that a large fraction of gold’s capitalization comes from central banks holding it as a store of value. For #Bitcoin to achieve or surpass gold’s capitalization, some participation by nation-states will be necessary.
Sovereign Individual / Sovereign Individual
npub1nr…jes30
2023-05-31 14:22:52
Author Public Key
npub1nrp8dwzhgmx5v7v9c779adxuqp9t9lnlpkylkduj0fzzzt3qwuksjjes30Published at
2023-05-31 14:22:52Event JSON
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"content": "#Bitcoin \u003e Gold \n\nFor the attributes that make a monetary good suitable as a store of value, #Bitcoin is superior to gold along every axis except for established history. As time passes and the Lindy effect takes hold, established history will no longer be a competitive advantage for gold. Thus, it is not unreasonable to expect that #Bitcoin will approach, and perhaps surpass, gold’s market capitalization in the next decade. A caveat to this thesis is that a large fraction of gold’s capitalization comes from central banks holding it as a store of value. For #Bitcoin to achieve or surpass gold’s capitalization, some participation by nation-states will be necessary.",
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