MountFujiMystic
Mon Jul 15 2024
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6 answers
1138
Is bitcoin as good as gold?
Could you elaborate on the comparison between Bitcoin and gold as investment vehicles? As an investor, I'm curious to understand if Bitcoin truly holds the same value proposition as the traditional safe-haven asset, gold. Are there any similarities in terms of scarcity, durability, divisibility, or demand? What are the key differences in terms of volatility, liquidity, regulation, and use cases? Additionally, how do you view Bitcoin's potential to replace gold as a store of value in the future? Any insights you can provide would be greatly appreciated.
