We can blame the emission for strongly encouraging its dominantly speculative use. While its emission is sometimes likened to Gold, it behaves very different in

We can blame the emission for strongly encouraging its dominantly speculative use. While its emission is sometimes likened to Gold, it behaves very different in practice. Half of all Bitcoin was emitted in just the first four years, and 99% of all Bitcoin is emitted in its first 3 decades. In contrast, Gold has been emitted for millennia, and emission looks quite flat over the years, with nothing resembling Bitcoin's reward halvings on the horizon of our lifetimes.