Been a while since I last upload a crypto meme.
this image only makes sense when you are a crypto fan.
for the rest is just a result of hyperinflation for me it is just another case of utility vs scarcity (which are both attributes of one of the two. One has an artificial scarcity and an expected stock to flow projection and limited utility.
The other is the rtx 3070 which actual has all the above attributes plus some more.
At this point there is no doubt when it comes to questions about ROI. If I had gold I would be converting it all to Nvidia and Amd stocks, But since I don't do investments at rocks I don't really care.
You shouldn't either. The price of the GPU's is just the cost of doing business.
GPU's pros:
Better ROI
LED's
It can run Crysis.
Easier to sell than a gold bar.
Cons:
You have a better chance to hook up with Ariana Grande than getting your hands on it.
Gold pros:
shiny
Fungible
You can make PCB's with it.
Probably more but I have no fucking clue lol
Cons:
Heavy
no LED's
hard to handle
Harder to sell than an Rtx 3070
Can't run Crysis.
and a waste of space.
But gold is seen by some people as the safest investment no matter what. What do you think about this subject?
"Was" the safest investment against inflation yes.
It is outperformed by 250% year in and year out for the past 12 years by bitcoin.
Safest investment in the world right now is Bitcoin. Gold is just another stone.
What will happen when the Bitcoin supply is fully exhausted? What if someone finds a gap to produce more Bitcoins?
1 the price will rise.
2 If it was possible it would have happened already. You just need to invent better Mathematics than we currently use... (kinda impossible)
what will happen when Golds supply is fully exhausted, what if someone finds a way to create NanoGold 2.0(you can already create artificial diamonds I don't see why cant we compose a better Gold).
Oh yes you are right. I also thought about this. If gold is found on other planets and brought to Earth, then the value of gold falls.
Good luck finding Bitcoin in an asteroid.
Ahahahahaha I liked this word.