X @Nick Szabo
Nick Szaboยท2025-10-20 05:29
RT Hunter Horsley (@HHorsley)Gold needs a lot of new buyers to keep prices stable/higher.In 2024, ~3,660 tons were mined and ~1,370 tons recycled. At current prices, thats ~$680B new gold that must be bought.For Bitcoin, ~164,000 new bitcoin is mined per year now. That's ~$24B new supply to be bought.I expect Bitcoin will be the better store of value. ...