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Bitcoin’s Plunge Should End The Hype That It Is Digital Gold

That said, gold has been a good store of value over the long term, and its correlation with equities is low. In this respect it is a proven alternative to the U.S. dollar, whereas Bitcoin is neither a vehicle currency nor a good store of value.

Autor

Nick Sargen

Senior Economic Advisor, Fort Washington Investment Advisors

Zdroj

The Hill

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