Damus
jack mallers profile picture
jack mallers
@jack mallers
Bitcoin is better money than gold. The simplest ye most overlooked reason: scarcity.

Gold’s supply is elastic. As price rises, so does supply. A bet on gold is a bet against human ingenuity. A bet against our ability to engineer more gold.

I don’t want to bet against Elon to store my hard work.

Bitcoin fixes this. It's finite. A bet on humanity, not a bet against it.
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mar · 46w
Gold is not scarce. It is extremely abundant throughout the world. We’ve likely only dug up 5% of it at most. That’s how insanely abundant Gold is. If my theory is correct (and my friend ChatGPT fully agrees it likely is), then there are absolutely Gold-rich regions around the world that are b...
El presidente Eloy Musketti · 46w
Whats scarcity withou t transportability?
Vincent Anton · 46w
Meanwhile I’m sitting here thinking if I melt down my “silverware” I will be in the hole for the cost to burn hot enough to melt steel. 🥵
CptKook · 46w
Elon is nothing without the engineers working for him. His rise was entirely facilitated by govt handouts orchestrated by the PayPal mafia. On a level playing field, I’d bet against him
rafael_xmr · 46w
your dad was teaching you about fungibility
nostrich · 46w
KYC makes any money social credit. So as long as your company does not provide KYC free services you are a hypocrite of epic proportions. Not to speak about fungibility, which is an essential requisite of money that gold, cash and Monero have but not Bitcoin. There are trade offs. You choose aud...
Adam Dunlap ⚡️ · 46w
It’s a tough debate. I think it’s best better feature is because it’s auditable. Because if it was scarce but not auditable then it would outcompete like gold does to silver, but it wouldn’t trounce it. If there was a gold mirror that was auditable then that is already 10x better than gold. ...
BBG · 46w
We know it , you know it & I know but???
Hanshan · 46w
da fuk? why is mallers making gold FUD? "gold is short human ingenuity because Elon will just fly to Mars" is right up there with "Bitcoin is insecure because quantum computers"
Benking · 46w
Scarcity that respects human ingenuity. Hodl strong!
Tesi Cypher Painter · 46w
Love these short videos tho. Very useful to 🍊💊