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Market Cap:
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Cryptocurrencies: 6897
Bitcoin Bitcoin Share: 49.84%
Markets: 68427
CoinOtag
2024-06-13 01:05:34

Bitcoin’s Role As a Store of Value: Analyzing Its Independence From Traditional Financial Metrics

Bitcoin’s Role As a Store of Value: Analyzing Its Independence From Traditional Financial Metrics

Fidelity’s Director of Global Macro, Jurrien Timmer, recently commented on whether Bitcoin or gold serves as a more reliable store of value, considering different economic scenarios. He emphasized the concept of “fiscal dominance,” indicating that an expanding money supply threatens the purchasing power of the currency. Timmer’s analysis suggests that while Bitcoin and gold are

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