Bitcoin vs. Gold: Could Bitcoin Be the Future of Money?
Matthew Sigel, from VanEck, believes Bitcoin could become a global currency, like gold. He thinks the US might hold 1 million BTC to use it as a new form of money.
Bitcoin is digital, which makes it fast, easy to move, and safe from theft. Its limited supply (21 million coins) could make it a good choice for saving money. But, Bitcoin’s price can go up and down a lot, which might make it less stable than gold.
Could Bitcoin replace gold in the future? We’ll have to wait and see.
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