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Will crypto ever become a legit financial/payment asset? Absolutely - and here is why:
1. Anonymity - while it can be tracked and discovered, it is very hard to find out who is behind a wallet
2. Fast transactions - you can send anyone anywhere crypto in seconds
3. Low fees - you pay a lot of fees to send money someone living in the other part of world.
#CryptoPatience #FinancialWisdom
Will crypto ever become a legit financial/payment asset? Absolutely - and here is why:
1. Anonymity - while it can be tracked and discovered, it is very hard to find out who is behind a wallet
2. Fast transactions - you can send anyone anywhere crypto in seconds
3. Low fees - you pay a lot of fees to send money someone living in the other part of world.
#CryptoPatience #FinancialWisdom
1. Anonymity - while it can be tracked and discovered, it is very hard to find out who is behind a wallet
2. Fast transactions - you can send anyone anywhere crypto in seconds
3. Low fees - you pay a lot of fees to send money someone living in the other part of world.
#CryptoPatience #FinancialWisdom
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#BTCVSGOLD Here's the scoop on the BTC vs Gold debate
- *Bitcoin's Current Price*: Trading at $88,841, with a 12.93% annual gain and a projected recovery to $138,644.29 in the upcoming quarter.
- *Gold's Current Price*: Trading at nearly $4,000 per ounce.
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- *Intrinsic Value*: Gold's value is supported by its industrial, technological, and aesthetic uses, while Bitcoin's value stems from its utility as a digital asset and its role in enabling financial inclusion.
- *Volatility*: Bitcoin remains a highly volatile instrument, while gold is generally more stable.
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- *Cathie Wood's Take*: The Ark Invest founder and CEO predicts that Bitcoin will outperform gold long-term, citing its superior Sharpe ratio, volatility compression, and institutional adoption.
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