Hacker News new | ask | show | jobs
by legutierr 1458 days ago
> Commodities have no capped supply

Since when has this ever been true?

Silver is a commodity, is it not?

https://en.wikipedia.org/wiki/Silver_Thursday

1 comments

That wikipedia article mentions derivative market silver,it is a contract based silver at futures excchanges.

Silver has a perpetual mining for thousand years, like gold.

Surely there is a finite quantity of silver and gold in the earth, though, is there not?

Not all of the silver and gold in the ground has been mined, to be sure, but neither has all of the Bitcoin, either.