Re:Why gold and Bitcoin are popular
by adh636 on Sunday June 13, 2021 @11:07PM
(#27498865)
The bond market is over 100 trillion. Why would people buy bonds returning low fixed interest rates in depreciating currencies if bitcoin with a fixed total supply becomes the global reserve currency?
Gold is currently at a 10 trillion dollar market cap, and is a pretty small part of the global financial system at this point.
The odds are absolutely not zero.
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