Cryptocurrency Q&A Is bitcoin more scarce than gold?

Is bitcoin more scarce than gold?

CryptoWizard CryptoWizard Sun Sep 08 2024 | 0 answers 0
Certainly! Allow me to pose a question that encapsulates the essence of the paragraph "Is Bitcoin more scarce than gold?" in a concise and inquisitive manner: "Considering the finite supply of bitcoin, capped at 21 million coins, and the ongoing mining process that gradually releases new coins into circulation, does this make bitcoin inherently scarcer than gold, which is also finite but has a much larger above-ground stockpile and can be discovered through mining activities? How do these factors compare in determining the relative scarcity of the two assets? Is bitcoin more scarce than gold?

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