My theory
- Things which are rare and scares, and have a hard limit are naturally valuable.
- Bitcoin is sexy and number 1. Just look at the advertisements for all the crypto platforms, bitcoin is always first named then Ethereum. But nobody knows what Ethereum is, nor cares. Also already in 2023 2024, we already have bitcoin ATMs, almost a decade ago from Jackson Warren in Vancouver— bitcoiniacs.
Ideas
Two theories:
- The practical theory: as bitcoin becomes more scarce, the value will go up.
- another theory; when all the bitcoin is mind and it is very rare… the value can actually go down?
Scarcity?
Typically gold is valuable because it is scarce, difficult to mine, and procure.
The hard cap of bitcoin being 21 million bitcoins; what is interesting is this is a hard cap, something that cannot be fudged by computer science, technology, etc.
For example, in ancient times, GALLIANI ON MONEY — explorers, conquistadors would keep traversing the world via ship to find more repositories of gold. Even in today’s world in 2024… I think there must be some gold still hidden within the earth that we have not yet discovered.
Doing some research, this sounds incredible, I always thought that gold was produced by the earth, but apparently… It is actually created via supernova, and neutron star collisions which occurred before the solar system was formed? This sounds kind of insane.
Also apparently gold sink to the earths score during the planets formation, only accessible today because of asteroid bombardment.
Why do men love gold?
- According to Galliani — the reason why men love gold is because it is naturally beautiful, and we could use gold to beautify ourselves, our children, women our wives etc. In fact, my personal theory is that cold is naturally beautiful and attracted because it is yellow, the color of the sun. the sun is the color of life. This is why the color yellow is so attractive to us. And also apparently via studies from Leonardo da Vinci, the true color of light and the sun is not white, but yellow. Same thing goes with the dark in the shadows, not black, but a dark blue indigo. This is why I really really really rich people actually don’t wear blacks; they actually wear very very very very dark navy indigo. Maybe similarly speaking, the best suit or outfit should be an extremely dark navy indigo suit, with extremely bright yellow accents?