Post
Topic
Board Bitcoin Discussion
Re: BTC vs GOLD
by
Dutchyyy
on 18/02/2021, 18:35:49 UTC
According to JP Morgan BTC has affected Gold market and increase in popularity of Cryptocurrencies will impact Gold market.
What you guys think about that?


Courtesy- Financial Express

Continued gold production, which is likely to increase in the coming years, is in stark contrast to BTC's fixed supply. As we know, Bitcoin is designed to have a fixed supply of 21 million units.

This fact as well the direct influence related to political decisions of the United States, the Federal Reserve and others is becoming more and more noticeable, and this will affect the desire of buyers for the precious metal, in my opinion.