Bitcoin will become ‘less volatile’ and larger than gold: ‘The Bitcoin Standard’ author
Summary
The author of The Bitcoin Standard believes that the cryptocurrency already serves effectively as money because people use it to preserve wealth. He also predicts that the digital asset will eventually surpass gold in total size and experience significantly lower price swings as the market develops.
Saifedean Ammous argues that Bitcoin already functions as money when held as a store of value; expects it will become larger and less volatile than gold as it matures.
Source: Read the full story at Cointelegraph.com News
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