Tag: GOLD 2.0
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Litecoin – A Future Store Of Value Asset?
Bitcoin’s Silver Charlie Lee created Litecoin as a “cheaper” and faster alternative to Bitcoin, much like silver is to gold. He has often referred to Litecoin as Bitcoin’s silver. I have a soft spot for Litecoin as it was one of the first digital assets I ever owned. It has survived and remains among the…
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Understanding The Bitcoin Store Of Value Argument
What Is A Store Of Value Asset? A store-of-value asset retains its purchasing power. Gold has often been referred to as a store of value. In other words, if you were able to purchase a vehicle for 3 ounces of gold 5 years ago, you should be able to do likewise today. The price may…
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Why Gold Is Failing As A Store Of Value
Bitcoin Is Not Gold 2.0 – So What Is It? Gold has always been a sound long-term investment. Much like real estate, it’s been a safe-haven asset that shields investors in times of trouble and uncertainty. Many people are referring to Bitcoin as the new gold. However, Bitcoin is a lot more than a type…