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Debate Over Whether Asteroid Mining Could Shift Value From Gold to Bitcoin
(3 hours ago) · 1 source · Summarized by CryptoBipto
A discussion has emerged around the idea that future asteroid mining could dramatically increase gold supply, potentially undermining its scarcity value. Some commentators have compared this theoretical scenario to an 'infinite mint bug' and argued it could make Bitcoin's fixed supply more attractive by comparison.
WHY IT MATTERS
This discussion touches on one of Bitcoin's core design features: its fixed supply cap of 21 million coins.
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SOURCES
- cointelegraph.com
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