Ultimately all currency, even gold, is fiat money given value only by use. It therefore seems difficult to decouple different stores of value. I think all the media coverage has indeed caused more people to use bitcoin and increase it's relative value. I have a hard time believing that the growth rate is predictable, there are so many unknown variables and it's so young.
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Ultimately all currency, even gold, is fiat money given value only by use. It therefore seems difficult to decouple different stores of value. I think all the media coverage has indeed caused more people to use bitcoin and increase it's relative value. I have a hard time believing that the growth rate is predictable, there are so many unknown variables and it's so young.