Recently, I saw a pretty interesting piece of news - Saudi Arabia has discovered another 11 million tons of ore, including gold, silver, copper, and zinc.

This matter made me realize a principle: traditional precious metals seem scarce on the surface, but in reality, no one can say how much is buried underground. Today Saudi Arabia might excavate a bunch, and tomorrow somewhere in Africa might discover a new vein.

But Bitcoin is different; the code has capped it at 21 million coins, and that's all there will ever be. There won't suddenly be a batch of "new Bitcoins" popping up from nowhere.

So I personally feel that, following this logic, after experiencing two or three more market cycles, the possibility of BTC's total market value exceeding that of gold is quite significant. After all, true scarcity is the core competitive advantage of hard currency.