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A comment on Spot Bitcoin ETF receives official approval from the SEC. Parent comment

Re:Spot Bitcoin ETF receives official approval from the SEC by AlexandrB on Wednesday January 10, 2024 @11:10PM (#38947459)
> I think there's still an easy 10X to match Gold and 100X is possible if it becomes the world's preferred reserve asset

Whats the logic connecting BTC to gold? Why would the two prices be connected in the way you're suggesting?

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Re:Spot Bitcoin ETF receives official approval from the SEC by mlcrypto on Thursday January 11, 2024 @12:08AM (#38947937)
Since gold reached 10 trillion market cap I am very confident BTC will too. Mainly due to the inflation hedge trade
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