Scientists hack gold composition, is it good news for Bitcoin?💥💥💥
The possibility of accessing an inexhaustible source of gold has been a dream for countless personalities throughout history.
Alchemy was one of the ancient disciplines that pursued this goal unsuccessfully.
However, scientists at CERN managed to create gold from lead, is this good news for Bitcoin?
Alchemy explored elements of philosophy, science, magic, metallurgy, and chemistry to seek the transformation of basic elements into precious metals.
Kings and feudal lords invested enormous amounts in the development of this discipline. However, few understood that creating an inexhaustible source of gold would nullify its scarcity and the basis of its value.
This last point is crucial in the experiment conducted by CERN scientists. According to Nature, the experiments succeeded in creating gold from lead. "The researchers fired lead atoms at each other.
Instead of colliding, they barely missed and their interactions created a high-energy pulse. This caused the ejection of three protons from the lead atoms, resulting in gold," they point out.
In the original article published by Physical Review C, it is highlighted that 29 billionths of a gram of gold were created.
This is an amount impossible to use in jewelry. As a precautionary measure, the created gold was destroyed almost immediately.
These measures aim to prevent scientific studies from manipulating markets.
The significance of this study for Bitcoin
Basically, for Bitcoin this is good news simply because it theoretically nullifies the scarcity of gold.
This means that despite the prohibition of conducting this experiment for inclusion in financial markets, it is already known that it is not a limited product by nature.
Meanwhile, BTC remains a completely scarce asset and its issuance is mathematically limited to 21 million coins.
