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Saturday, May 25, 2024

Bitcoin becomes harder and harder

After reading this, do you agree that the Bitcoin future becomes brighter and brighter every passing day?!

 

 

Deep Knowledge Investing’s Takeaway…

One reason the dollar price of gold keeps rising and is now at an all-time high is that the supply of gold only increases by approximately 2% a year. In contrast, Congress and the US Treasury think nothing of overspending by trillions of dollars each year and just adding to the debt as if the US will never need to pay what it owes. By the time you read this, Bitcoin will have become harder” than gold. That means the creation of new units compared to the total supply available is even lower for Bitcoin than gold. As for the "hardness" of the US dollar, it's a disaster we're all experiencing, as inflation. DKI owns both Bitcoin and gold.

 

 

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