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Activistpost.com nope bitcoin is not digital gold | It says:. Safe Haven: Advantage Gold Gold has a much more reliable record as a safe-haven asset. Additionally, Roubini cited several other factors like stock market correction as another trigger for crypto sector collapse. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity. However, Pal explains that while the CBDCs will solve several important problems, they will also force people to give up their privacy and freedom. |
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Activistpost.com nope bitcoin is not digital gold | And by the way, whenever there is a risk of episodes, Bitcoin falls more than other risky assets. He makes several recommendations based on the following news. Ultimately, the notion that bitcoin is digital gold stems from an attempt to fit an entirely novel asset class into existing mental frameworks. Both assets have a relatively low correlation with mainstream asset classes such as stocks and bonds. And on the surface, the two assets have a few things in common. |
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Activistpost.com nope bitcoin is not digital gold | Part of the narrative of bitcoin as digital gold relies on the idea that it should hold its value as a long-term hedge against inflation. That, in turn, would be positive for the value of bitcoin the currency , because the currency and the network are interdependent. Cryptocurrencies may someday be a medium of exchange with widespread or universal application. Not really. The number of Americans invested in cryptocurrencies almost doubled from 7. Bitcoin maintains its value because more and more people believe it will. |
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