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Valentina Valentina Mon Jun 03 2024 | 5 answers 1040

Why is Bitcoin not the new gold?

Could you please explain why Bitcoin hasn't emerged as the new gold? Given its finite supply and increasing demand, what factors are preventing it from attaining the same status as a store of value? Also, how does Bitcoin's volatility and regulatory uncertainty compare to gold's stability and widespread acceptance? Are there fundamental differences between them that make Bitcoin unsuitable as a replacement for gold?

Why is Bitcoin not the new gold?

|Topics at Cryptocurrency Q&A

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