facebookWill BTC replaces GOLD? That means, Gold price will decline due to BTC price is rising? - Seedly

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Jason

29 Jun 2021

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Will BTC replaces GOLD? That means, Gold price will decline due to BTC price is rising?

Please give your view. Thanks, Can BTC be a stable coin with such volatility? Different from China Digital Currency. Isn't it?, If BTC is not regulated by Monetary Authority of each country, how can it be used in the mainstream? What is your view?, What allocation percentage of the portfolio be in tech stocks?, What are the top 3 Singapore Stocks will you recommend in 2021? Yes, please restrict to Singapore Stocks only.. :-)

Discussion (1)

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Both are there to hedge against fiat. Both will rise as fiat inflates.

Until the exchanges start to pair BTC with Gold, else both should continue to rise eventually.

Basic demand vs supply.

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