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Samson Mow has reacted to Fusion's transmutation of mercury to gold, declaring that Bitcoin could never share the same fate. According to the pro-Bitcoin advocate, Bitcoin’s scarcity remains stable at the mathematically fixed supply of 21 million coins, and nothing can be transmuted into Bitcoin. "Gold alchemy" from Fusion threatens scarcity. Mow’s assertion on Bitcoin’s stable scarcity came after scientists at Marathon Fusion declared a successful discovery of a scalable method to transmute mercury into gold. According to the researchers, future fusion power plants will be able to use mercury to produce roughly two metric tons of gold per gigawatt of thermal energy each year. They further stressed that the newly discovered gold production system does not reduce electricity output, and could double the overall revenue of fusion plants. Over the years, gold’s value is believed to be majorly dependent on its natural scarcity and difficulty of extraction, however, this may not be the case for long.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
