Gold Bag Holders Down 20% For The Last 7 Years While Bitcoin Up Over 83000% Since Then

Gold Bag Holders Down 20% For The Last 7 Years While Bitcoin Up Over 83,000% Since Then

Most recently G7 and the Bank for International Settlements (BIS) in its report on stablecoins called Bitcoin a failure in providing a “reliable and attractive means of payment or store of value.” It further states that crypto assets have served as a “highly speculative” asset class for “certain” investors that engage in illicit activities.