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<blockquote data-quote="greybeard" data-source="post: 1679173" data-attributes="member: 18945"><p>Much more to it than that. Otherwise, all other 'havens' would have followed Bitcoin's rise.</p><p>[ATTACH=full]4096[/ATTACH]</p><p>One of the driver's of Bitcoin's rise is it's finite supply of 21 million. That doesn't mean it will for sure stop rising once (around year 2140) all 21 million are mined tho. In that aspect, BTC is not like gold or any other metal. No one knows how much gold there is in the world or in the Earth or when (or if) it will all be mined out. Bring in other world mining (in the future) and precious metal's quantity is an even larger unknown.</p></blockquote><p></p>
[QUOTE="greybeard, post: 1679173, member: 18945"] Much more to it than that. Otherwise, all other 'havens' would have followed Bitcoin's rise. [ATTACH type="full" alt="bitcoinvsgoldsafehavens.jpg"]4096[/ATTACH] One of the driver's of Bitcoin's rise is it's finite supply of 21 million. That doesn't mean it will for sure stop rising once (around year 2140) all 21 million are mined tho. In that aspect, BTC is not like gold or any other metal. No one knows how much gold there is in the world or in the Earth or when (or if) it will all be mined out. Bring in other world mining (in the future) and precious metal's quantity is an even larger unknown. [/QUOTE]
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