Bitcoin vs Gold: Economic Perspectives

Well the fully diluted Bitcoin count was 21 million and the significance of that is that

means the inflation rate is zero but the inflation rate on gold is two percent and the fully diluted

gold count is infinite because if I keep increasing the amount of gold by two percent a year

that's infinite amount of gold. If you want to figure out practically how you value it,

well when you increase the supply of something by two percent a year that means that you're

doubling the supply every 36 years. That means the economic half-life of your money is 36 years.

That means the half-life is 36 years. That means you're going to live 70 years.

Okay well what's the half-life of the inflation rate? Zero. Infinity. So what's your life expectancy

if you if the inflation rate is zero? Your life expectancy is infinite. You're immortal. You're

living for a billion trillion years. I like that idea. Zero is a billion trillion years. You're a

two percent is you're going to die half of you dies in 36 years the other half dies in the next

36 years maybe you make a hundred years and you're pretty much done for right and so it's the

difference between a mortal life of a human being versus economic immortality. We can dismiss it if

we just think in the next 12 month time frame but you know if you're an engineer it's like well

what's the difference between you lose two percent of your energy every cycle versus you

lose none of your energy every cycle none of your energy every cycle is perpetual motion you last

forever two percent of your energy every cycle and you spend it a hundred times there's nothing

left right you burn out the motor okay so i like the idea of gold but digital gold is better and

how much better infinitely better right infinitely better