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BTC will supplement gold for value storage and will hit a $5T market cap in a few years IMO. It certainly has utility for storing and moving value. Don't undere
by crystaln 9y ago
BTC will supplement gold for value storage and will hit a $5T market cap in a few years IMO. It certainly has utility for storing and moving value. Don't underestimate that.
- petre 9y agoGold doesn't have 30% volatility over 24h.
- crystaln 9y agoBTC will not once it gets into multitrillion dollars. It's a young asset with no derivatives that the market isn't sure how to value. Also there are ways to hedge volatility.
- Frogolocalypse 9y agoGold doesn't go up 15x in a single year.
- rak00n 9y agoYou can't steal gold because someone forgot to update their machine and left it connected to Internet. For bitcoin, yes you can.