rising interest rates and bitcoin ?

[medUSA]

My opinion is rising interest rates have no effect on price of bitcoin.

This is a rather radical view since a higher interest rate usually discourages people from investing, and bitcoin is some sort of investment. My viewpoint is that bitcoin has zero interest rate right from the start, bitcoin holders do not expect an income from bitcoin in form of monthly or annual interest, so demand for bitcoin are not affected by interest moves.

Besides, there are much more powerful bitcoin price drivers then fiat interests. They make fiat interest rate effects almost irrelevant.