Gold sets a new record trading now above $3,340 per ounce 🔼
🥇 In an era of global economic instability, money is flowing out of depreciating fiat currencies and into hard money.
❤️ Many have positioned Bitcoin as a commodity that is scarce but does not require physical transportation
Well, what seems to be happening now is a test of whether BTC is a speculative risk asset or a true digital commodity.
🤔 If the latter is the case, then we are in for a rapid re-pricing as BTC catches up.
