When AWS goes down…the fiat world breaks. image
The difficulty adjustment in Bitcoin was an epiphany for me. When gold prices rise, more gold gets mined. When Bitcoin’s price rises, the supply issuance stays the same. Gold CANNOT compete with Bitcoin’s inelastic supply.
People buy gold out of fear. People buy Bitcoin out of hope.
It’s clear many haven’t learned anything over the past few days. Society is broken beyond repair. The current systems cannot be fixed, yet people keep searching within them. Seek alternatives in every part of your life.