I)ruid
· 4w
As technology advances, precious metals have a looming expiration date when they will cease to be a useful store of value.
There will only ever be 21M bitcoin.
Save accordingly.
Gold reserves are enormous. The reason gold has remained expensive for millennia was primarily due to the limitations of technology; finding, mining, and smelting gold were all extremely difficult. However, with technological advancements, these problems have been easily solved, significantly reducing the difficulty of obtaining gold. Consequently, the price of gold has also decreased considerably.