When Will Bitcoin Be Bigger than Gold?

When Will Bitcoin Be Bigger than Gold?

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2024-12-23T09:21:00+0800

Bitcoin will probably eventually be a huge asset class that rivals or excedes gold, but it is going to take longer than the super bitcoin bulls think. “Crypto is more than an asset class because it transforms the custody, trading, issuance, governance, and programmability of anything scarce. It's a new financial system, not just some ticker symbols. The internet subsumed TV, radio, newspapers, movies, and created new kinds of media. Crypto likewise will subsume stocks, bonds, commodities, and create new kinds of assets… By 2040, everyone under 30 will have never known a world without Bitcoin. It may as well be gold. That's the long-term case for replacement.” #balaji #balajisrinivasan #ericjorgenson #anthologyofbalaji #cryptocurrency #bitcoin #financebooks #cryptobooks #cryptocurrencybooks #moneybooks