Binance News
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BTC may replace gold as the future store of value
Binance Blog published a new article exploring the latest trends. The article notes that while gold has long been considered a symbol of value storage due to its scarcity and durability, Bitcoin (BTC) is challenging gold's position in a world dominated by digital transactions. BTC overcomes gold's limitations with its fixed supply, easy portability, and distributed nature.The article cites Federal Reserve Chairman Jerome Powell, who described Bitcoin as "virtual gold." Furthermore, the first-year inflows of Bitcoin ETFs far exceeded those of gold ETFs, demonstrating its potential.
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