Could bitcoin become a form of digital gold? I have been reading a bit of news on it and bitcoin is rising. I don't know much about bitcoin so perhaps someone with more knowledge could answer the below question
1) What would cause bitcoin to drop in value ie economic factors
2) Is it really a hedge or a form of digital gold?
I'm not too concerned as I know long term TSO is safe even with a gold price of around $1600 which I can never see the price of gold falling that low anytime soon. Have also read extra stimulus may not be on the cards until FEB next year so it might be a bit of a long grind.... I will be holding on
Gold falling, page-38
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