Research | Asteroid mining could inflate Gold's supply, making Bitcoin a better store of value
The Realm of Gold vs. Bitcoin as a Store of Value
![Research: Asteroid mining could inflate Gold’s supply making Bitcoin a better store of value Research: Asteroid mining could inflate Gold’s supply making Bitcoin a better store of value](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fa34980d7-ccff-4a38-a224-a24a9ffc22ae_824x298.jpeg)
by Ali Martinez — @SatoshiLatino • 10 minute read
Gold is known as one of the best long-term wealth storing assets during economic crises because of its reliably rare supply, which makes it maintain its value without much depreciation. Only 2,600 tonnes of gold are mined per year expanding the above ground supply at a yearly rate of 1.6 percent. However,…