Bitcoin is going to ‘demonetize’ gold gradually, says MicroStrategy’s Saylor

Bitcoin is going to ‘demonetize’ gold gradually, says MicroStrategy’s Saylor

The growth of Bitcoin (BTC) has seen some proponents share the view that the crypto will take over gold on various metrics like the store of value and eventually replace the precious metal. Despite the recent market crash, notable crypto players have upheld the projection of Bitcoin toppling gold is still on course. 

In particular, during an interview with Stansberry Research on August 13, outgoing MicroStrategy (NASDAQ: MSTR) CEO Michael Saylor stated that gold would likely…


Source link

About bitcoin

Check Also

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my …

Leave a Reply

Your email address will not be published. Required fields are marked *