Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Breaks $51K, German Analyst Says ‘Looks As if Bitcoin Is Eating Gold’
by
jenny1130
on 20/02/2021, 03:38:27 UTC
With the value of one kilo of gold at 57.6k dollars with not so high a liquidity, and the new ATH of btc at above 51k dollars and rising rapidly, the quote from the german analyst -"looks as if btc is eating gold", makes a lot of sense. In no time at all, we will be witnessing a complete overun in the value of gold  by the valie of btc.
Bitcoin is faster and more convenient than gold, but the "speed of light" can be reached