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by briefcomment
1918 days ago
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Gold stores $10 trillion. If only half of that moved to Bitcoin, a Bitcoin would be worth a quarter million. Housing is sometimes a store of value. Bitcoin is probably more liquid, and way less of a hassle than some housing. Expect some of that to move over. Fine art is primarily a store of value. A lot of it sits in airport warehouses. Bitcoin is just as scarce, but much more convenient. Stocks are certainly being used as stores of value for many people. At some point, Bitcoin will become more reliable than index funds. Idk much about bonds, but I'm sure some of that will flow to Bitcoin, as bonds become a less attractive investment. |
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