Money Reimagined: Bitcoin vs. Gold Is a Battle of Narratives
The success of a store-of-value asset, like bitcoin or gold, isn't just a matter of durability, fungibility or scarcity. It's about whether people believe in it.
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Bitcoin has become extremely popular in 2020, on the back of the store of value, safe haven asset, and digital gold narratives. The digital gold story has taken center stage recently, as the precious metal’s bullish momentum fizzled out and the cryptocurrency market took off. But one self-proclaimed contrarian investor with a focus on bullion, […]