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Bitcoin’s ‘Store-of-Value’ Narrative Is Real but Not a Price Mover

April 18, 2023
in Bitcoin
Reading Time: 1 min read
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Plus, with different “onerous belongings,” the worth influences the potential provide. As an example, if gold had been to surge from $2,000 to $20,000 per ounce, new extraction strategies would change into viable, boosting the theoretical cap. Bitcoin is the one asset traded on liquid exchanges for which the worth has no affect by any means on the availability. It’s the hardest of onerous belongings.

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