Analyst: How Bitcoin Could Breach $100K As Better Store of Value Than Gold10.6

For many average Joes, Bitcoin’s use case is viewed as nebulous, a concept squirreled off in the ether by crypto’s pundits. Yet, a leading investor took to Bloomberg to accentuate that Bitcoin (BTC) is fundamentally a store of value (SOV), and one that is even better than gold, the de-facto king of investments for millennia.

Prominent venture capitalist Lou Kerner, the founding partner of CryptoOracle, sat down with Bloomberg on Sunday to eulogize the flagship cryptocurrency. When asked about value propositions, the investor claimed that Bitcoin has “the opportunity” to replace and oust gold, which sports a cumulative market capitalization of $8 trillion, as the “dominant store of value.”

Original source
https://www.newsbtc.com/2018/12/31/bitcoin-breach-100000-store-of-value-gold/

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