Not sure about this bull run but eventually sure. Plus the rate at which dollars are being produced from thin air.
Any gold price hike just makes more people go find more gold. That's an achilles heel. It's really not that great as a store of value.
Like oil with less usage lol
Exactly. Its time has passed. We should bury it with dignity. It served well. But it's only an antique now.
Gold also has a millennium track record of being valuable to human beings for various reasons. It’s a precious metal.
Bitcoin is the best performing asset in the past decade. Volatility shrinks with market cap for all stocks, currencies, and everything in the world.
You don’t think bitcoin’s price is inflated right now?
Of course not. This isn't a stock where you can discount future cash flows, measure assets, or any other thing.
What is stopping someone from just copy and pasting bitcoin and creating bitcoin 2 with a fresh source of tapping into more separate from the original but a complete duplicate?
Forking has been done. But your'e missing that currencies have a network effect. The more people that join them mean that they grow faster and faster.
I hate how they all
Why would anyone buy the duplicate?
Why do they buy the original?
A decade of proven value and network security. Established name and mining pool.
Why?
Just reeks of artificial value being manipulated by wealthy people.
The problem with that argument is wealthy people just literally started dipping their toes in the bitcoin pool.
