Coinbase CEO Brian Armstrong, Bitcoin $105,174.1 And he brought up the gold comparison and stressed that BTC has various advantages on precious metal. Armstrong’s statements came after the South African governor opposed the idea of a strategic Bitcoin reserve on the World Economic Forum.
The views of Coinbase CEO
Armstrong stated that Bitcoin is a better currency than the bottom of Bitcoin, and Bitcoin offers proven famine, more portable and higher use. He also listed the advantages of Bitcoin’s decentralized, replaceable and censorship resistant.
“Bitcoin’s market value can exceed gold in the next 5-10 years, Brian said Brian Armstrong.
The views of the Governor of South Africa and Peter Schiff
South Africa Governor Lesetja Kganyago opposed the idea of strategic Bitcoin reserves, rejected the suggestions that the government should hold a certain being. “Gold still has a rooted history, Bitcoin has no such history,” he said.
“Gold has always gained value against the US dollar, Peter Peter Schiff said.
Bitcoin price revival
In the last 24 hours, the price of Bitcoin increased by 3.60 %to $ 105.418.92. Positive developments observed in the New Year of China in the past are expected to be repeated.
Donald Trump’s decree of national digital asset creation can also contribute to the increase in value of Bitcoin. Experts continue their beliefs that Bitcoin will pass under the coming years.
An optimistic atmosphere dominates the increase in value of Bitcoin and other crypto currencies throughout the crypto community. Bitcoin is expected to be more widely accepted in the future.
This debate between Bitcoin and Gold reveals how digital beings are in position against traditional precious metals.
The increasing adoption of Bitcoin and the increase in market value offer new opportunities for investors and reveal the potential to compete with traditional investment instruments.
The comparison between Bitcoin and gold can further strengthen the location of digital assets in financial markets. Investors can go to diversify their portfolios by evaluating the advantages of both assets. In this process, it will be useful to follow the developments in the market closely.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
