Incredible Insight from BobbyLee on Twitter About how only $2 Million dollars worth of BTC are mined daily vs $150 Million US Dollars printed daily and $340 Million in Gold mined daily (fromChainBB) by ackza

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· @ackza · (edited)
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Incredible Insight from BobbyLee on Twitter About how only $2 Million dollars worth of BTC are mined daily vs $150 Million US Dollars printed daily and $340 Million in Gold mined daily (fromChainBB)
http://i.imgur.com/opus6UB.png
Bobby Lee‏Verified account @bobbyclee  Feb 24
Each day, new supply worldwide:
+$340 million of newly mined Gold
+$160 million of newly printed USD
+$2 million of newly mined Bitcoin 😋

And this is still accurate even in May! 

from google on Gold Mining:
". How much above-ground gold (gold that has been mined) is there in all the world? The best estimate at the end of 2011 is that around 165,000 metric tons (or tonnes) have been mined in all of human history. That's about 181,881 ordinary tons or 363,762,732 pounds, or 5,820,203,717 ordinary ounces."

WOw and you all know how much US dollars they just love to print....

http://ecdpm.org/wp-content/uploads/heymann-foto.jpg

https://images.angelpub.com/2016/14/37126/b2gold.jpg

http://i.imgur.com/XJNzC0d.gif

Bitcoin (and all crypto currency) really is going to be that one thing that you can hold on to that noone else can just make more of! It is the perfect store of value! And the only way to hold onto wealth without the wealth inflating! Gold is mined all day everyday in huge amounts greater than ever and yeah one day theyll fund out of gold until they find more in space! Asteroid mining will totally inflate gold prices! We wil still need to use gold and silver for space technology but still it wont be like cannabis where they can grow so much of it because people smoke it all up! hah, when we get gold from space from asteroid mining like Planetary resources Inc plans to do it will be like the African King effect who gave out so much gold on his pilgrimage to mecca that he inflated global gold prices by 1/3rd!


Crypto is the future and the present! But its not the past!
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@ullsgpir ·
Makes me very hopeful.
👍  
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