Bitcoin (BTC) is making headlines this week. The latest headline comes after CFTC chairman J. Christopher Giancarlo stated in an interview with CNBC that Bitcoin has similar characteristics to gold. But is Bitcoin similar to gold? Let’s see if there’s truth in the statement.
Is Bitcoin Similar to Gold?This week, Giancarlo essentially stated that while Bitcoin has elements of numerous asset classes, it is evident that BTC has similarities to gold. Giancarlo went on to say that there are elements of the commodity in BTC that are subject to CFTC regulations. Further, Giancarlo then stated ...
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