Bitcoin frequently is referred to as "digital gold". Reason being, both btc and gold benefit from similar hard money narratives. With gold breaking through to all time highs, and many people calling for gold to finally go on a true bull run, after having basically gone sideways for a decade, we may finally see gold head towards $5k+ an ounce. That means, for bitcoin to even match the market cap of gold, it would take a $1 million plus Bitcoin.
Basically, if gold wins, Bitcoin wins.
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