On Saturday, January 3rd, Samson Mo sparked a new debate across the cryptocurrency ecosystem. declare There is a distinct difference when it comes to the scarcity of Bitcoin, as opposed to the scarcity of gold, which can quickly become malleable.
According to Bitcoin supporters, Bitcoin’s scarcity is stable at a mathematically fixed supply of 21 million coins, and nothing can be converted into Bitcoin.
Fusion’s “gold alchemy” threatens scarcity
Mo’s claims about Bitcoin’s stable scarcity came after scientists at Marathon Fusion declared they had successfully discovered a scalable method to convert mercury. gold.
Researchers say future fusion power plants could use mercury to produce about two tonnes of gold per gigawatt of thermal energy each year.
They further emphasized that the newly discovered gold production system has the potential to double the overall fusion plant’s revenue without reducing power generation.
For many years, gold’s value has been thought to be largely dependent on its natural rarity and difficulty in extraction, but this may not continue for long.
If this research is carried out, the scarcity of gold will become more flexible as it can be produced engineering rather than geologically. Therefore, the value of the physical asset may be lower compared to the digital asset Bitcoin.
In response to this study, Samson Mo sparked a long-standing debate about Bitcoin and gold in terms of value and scarcity.
Following his statement, the crypto community acknowledged that Bitcoin’s supply is fixed at 21 million coins and cannot be duplicated due to its digital nature. This is unlike gold, whose supply could soon expand due to advances in nuclear science.
nevertheless Bitcoin Even if it can be mined, it is within a fixed supply of 21 million tokens, and no discovery, laboratory, or technological advancement can change that limit.
Other commentators emphasized that Bitcoin is forced by mathematics and global network consensus, not geology or chemistry.