Bitcoin Gaining Ground on Gold as Digital Store of Value and Investment Asset
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Bitcoin's market cap is now 10.8% of gold's, indicating its growing value as a digital store of value.
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Approval of a Bitcoin ETF in the US could trigger $20-$30 billion in inflows and a significant price rally.
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Bitcoin has advantages over gold as private keys can be memorized, eliminating confiscation risk.
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Bitcoin enables swift, inconspicuous movement of value across borders compared to gold.
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Bitcoin's primary roles are as a store of value like gold and a speculative financial asset.