🟠 Fundamental view: scarcity versus store of value
According to Cathie Wood of Ark Invest, Bitcoin’s core investment case is still intact even as gold prices rise. The key difference lies in supply. Gold’s supply can expand because higher prices encourage more mining. Bitcoin, on the other hand, has a fixed supply, so growing demand can not result in additional coins being created. From a mathematical standpoint, this makes Bitcoin the harder and more scarce asset.
#BTCPriceAnalysis #bitcoin #CathieWood #Macro

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