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by ineedasername
3104 days ago
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That comparison to gold is only apt when the price of BTC is relativy stable. There is no relevant comparison to gold as an asset class when bitcoin is so volatile. In order to be a valid gold alternative it needs to have a stable, predictable value. Nobody that wants gold in their portfolio is going to want to replace it with an unpredictable and volatile asset. There's no need for rhetoric comparing BTC to gold. It's not gold, it isn't like gold, and we dont need another form of gold. Let Bitcoin be its own thing. |
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