Would this be a ridiculous thing to say?
Maybe a key reason gold hasn’t taken off like some have predicted is because it has a legitimate competitor in Bitcoin as the go to store of value/safe haven asset. People are now presented with a choice, where as in the past gold was the clear front-runner for this type of investment. Bitcoin has weakened demand for gold.
Let me know!
#bitcoin #gold #safehaven
learnaboutbit / Learn About Bit
npub12h…d9cgq
2023-10-10 19:01:09
Author Public Key
npub12h2pk4fg6gp4erd22593as03ddmx8h9ed96xpdqm77m7rh3fp4dsrd9cgqPublished at
2023-10-10 19:01:09Event JSON
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"content": "Would this be a ridiculous thing to say?\n\nMaybe a key reason gold hasn’t taken off like some have predicted is because it has a legitimate competitor in Bitcoin as the go to store of value/safe haven asset. People are now presented with a choice, where as in the past gold was the clear front-runner for this type of investment. Bitcoin has weakened demand for gold.\n\nLet me know!\n\n#bitcoin #gold #safehaven",
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