I would like to respectfully request some insight/guidance as to whether, investment wise, it be fair to characterize Bitcoin & Ethereum sort of like closed-ended and opened-ended (international) mutual funds respectively. By that, I mean:
Thank you very much for any guidance on this topic
- Since the number of coins in the Bitcoin currency is fixed (making the asset "inherently deflationary"), that it would be considered a long term "value asset" more like an annuity or something?
- Likewise, since the number of coins in the Ethereum currency is not fixed, that it be characterized as more of a "growth asset" like a tech stock or something like that; prone to inflationary forces?
Thank you very much for any guidance on this topic
I'm not sure if you can compare stocks and Ethereum
The stock of a company is also limited, so it is in fact more like Bitcoin. Indeed, there can be an additional issuance but it has nothing to do with unlimited mining of new coins. Further, I don't see why we can't consider Bitcoin as "growth asset". If its price is rising, it is a growing asset by any means. You likely meant something else but from your post it is not clear what exactly. And what do you mean by "value asset"? Bitcoin is a speculative asset (or vehicle), and Ethereum too, for that matter
