So what was that about Bitcoin?
(www.marketwatch.com)
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A lot of what isn't mentioned is that people think of it as valuable, so then it is.
I don't think BTC will crash ever. It is too mainstream, people believe it to be an asset now. The whole thing about it not being valuable or having any use is gone.
Scarcity and transparent is one of the best arguments. You cannot create more BTC out of thin air. No FED secretly creating more.
Exactly
It is not possible to create any more new bitcoins (outside of what is left to be mined which is only a few million).
This is exactly why BTC will continue to rise. And it’s exactly why gold doesn’t rise with any sort of similar pace. Gold can be quite literally be grown in labs.