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Future Of Bitcoin: Store Of Value Or Digital Gold?
OPINION: While Bitcoin's scarcity and decentralised characteristics align with the store of value narrative, its metaphorical association with gold speaks to its enduring qualities.
In the past few years, Bitcoin has stood tall as the pioneer that introduced the world to decentralised digital currency. Bitcoin has significantly transformed its perception and utility, sparking debates about its true essence. One such discussion revolves around whether Bitcoin is primarily a store of value or a digital version of gold.
Bitcoin As A Store Of Value
The concept of Bitcoin as a store of value gained traction due to its limited supply and deflationary nature. The
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