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Bitcoin Fund Units Class A T.QBTC

The Bitcoin Fund (the Fund) is a Canada-based closed-ended investment fund. The investment objectives of the Fund are to seek to provide unitholders of the Fund with exposure to the digital asset bitcoin (bitcoin) and the daily price movements of the United States dollar price of bitcoin, and the opportunity for long-term capital appreciation. The Fund invests in long-term holdings of bitcoin, purchased from reputable bitcoin trading platforms and OTC counterparties, in order to provide investors with an alternative to a direct investment in bitcoin.


TSX:QBTC - Post by User

Comment by Moogulon Jan 13, 2021 5:27pm
159 Views
Post# 32287938

RE:One question remains, will Bitcoin supply increase with

RE:One question remains, will Bitcoin supply increase withThe impact of more people trying to mine doesn't impact the amount of btc mined it just makes mining more difficult for miners as more miners mine for a fixed reward. This is what makes btc so much different then conventional mining (ie gold market). When the gold price increase there is a supply response (miners increase prod) which dampens the price increase... this doesn't occur with BTC.
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