Billionaire and founder of Microstrategy, Micheal Saylor, had said cryptocurrency, Bitcoin (BTC) is now competing against a traditional asset, Gold.
There has always been an argument about the status of cryptocurrencies as a store of value among asset classes like real estate, bonds and equities amongst other investable assets.
Bitcoin has often led the conversation due to its value being the highest amongst crypto-assets and its adoption globally.
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