3min chapter

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030 - Knut Svanholm: Seafaring, Praxeology & Bitcoin Spirituality

Free Cities Podcast

CHAPTER

The Differences Between Bitcoin and Gold

Bitcoin functions very differently from anything else in nature. We know exactly when the Bitcoins will be issued, so we can make economic calculation based off of that. So it's just not comparable to gold or any other commodity. It makes Bitcoin extremely predictable in terms of how many Bitcoins there will be at a certain point in time. Nothing in nature has those properties.

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