De The Daily Hodl - acum 2 ani - Timp de citire: 3 minute
Bitcoin Is Crushing Gold As Crypto Adoption Cycle Accelerates, Says Galaxy Digital’s Mike Novogratz
Galaxy Digital CEO Mike Novogratz thinks Bitcoin (BTC) is the new asset of choice for people seeking to protect themselves from the effects of inflation.
În apelul de câștiguri din T3 al lui Galaxy Digital, miliardarul spune that gold’s recent track record has likely been a disappointment to investors of the precious metal.
“I think if you had asked gold bugs two years ago where the price of gold would be, given what’s happened in monetary and fiscal conditions around the world, they would have all answered far higher than here at $1,800.
What’s happened? There’s been a substitution of Bitcoin for gold. We’ve seen it directly [and] indirectly. You see it in the charts. I still think gold was probably an okay asset to own in this environment, but it’s just gotten crushed by Bitcoin... "
Novogratz crede că Bitcoin adoption will only continue to grow while comparing the rise of blockchain technology to how the digital camera transformed photography.
“If you think about any other shift when we went from analog to digital, how many people still use Kodak film? Bitcoin is just a better version of a store of value, and it’s being accepted at an accelerating pace…
There are now over 200 million people around the world that participate in the Bitcoin ecosystem, and it continues to grow.”
The investor concludes that BTC has passed the use-case test of whether people come to view the top crypto as being a store of value.
“A store of value gets its worth from the social construct [where] people agree that it’s valuable. ‘I’m going to hold my hard-earned money, my labor, my savings in this form.’
The debate about ‘Is it a store of value?’ is way over. It was over nine months ago, and so now it’s just adoption. And it doesn’t mean it won’t be volatile… I just think you are going to continue to see it adopted. It’s cheaper to store. It’s easier to move.”
În momentul scrierii, Bitcoin continues its recent downward trend and is trading at $57,206.
Verifica Preț de acțiuneNu ratați o bătaie - Mă abonez pentru a primi alerte prin e-mail cripto livrate direct în căsuța de e-mail
Urmareste-ne pe Twitter, Facebook și Telegramă
Surf Mixul zilnic Hodl
Verificați cele mai recente titluri de știri
Declinare de responsabilitate: Opiniile exprimate la The Daily Hodl nu sunt sfaturi de investiții. Investitorii ar trebui să facă diligența lor înainte de a efectua investiții cu risc ridicat Bitcoin, criptocurrency sau active digitale. Vă rugăm să rețineți că transferurile și tranzacțiile dvs. sunt pe propria răspundere și orice pierdere pe care o puteți suporta este responsabilitatea dumneavoastră. Daily Hodl nu recomandă cumpărarea sau vânzarea de criptomonede sau active digitale și nici Daily Hodl nu este un consilier de investiții. Vă rugăm să rețineți că The Daily Hodl participă la marketingul afiliat.
Featured Image: Shutterstock/VAlex/Sensvector
Mesaj Bitcoin Is Crushing Gold As Crypto Adoption Cycle Accelerates, Says Galaxy Digital’s Mike Novogratz a apărut în primul rând pe Daily Hodl.
Sursă originală: Daily Hodl