‘Digital gold’: Why bitcoin is ‘the ultimate hedge’ during a recession ! – Site Title
‘Digital gold’: Why bitcoin is ‘the ultimate hedge’ during a recession ! – Site Title: Bitcoin has been dubbed ‘digital gold’ because it can’t be created; it needs to be ‘mined’, or unlocked. So far, 18.5 million bitcoin have been mined, which leaves less than three million left to be introduced into circulation.
But unlike gold, the stash will never be replenished. Once all the bitcoins on the internet have been mined, the supply will be exhausted. It’s predicted to take more than 100 years before the last ever bitcoin is mined.
But unlike gold, the stash will never be replenished. Once all the bitcoins on the internet have been mined, the supply will be exhausted. It’s predicted to take more than 100 years before the last ever bitcoin is mined.
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