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Indeed btc is now perceived as a store of value exactly like gold but in digital format. Its technology is too outdated to serve as a payment or disbursement mechanism so has no intrinsic real time applications.

However gold is scarce enough as a commodity and employed mainly in jewelry so people won't stop buying it, same goes for btc, it's a very scarce digital asset and now it's too hard for most to even buy one full btc coin.

I think both btc and gold are here to stay and nothing can change that fact.

But from an investment perspective I still believe selective handpicked alts such as ETH, ADA, XRP and VET are the way to go in terms of real life applications, use cases, ROI performance and sustainability.

Ziad B. Tannous

Cryptocurrency Hub Admin

Tags: btc, gold, digital, VET, XRP, ETH, ADA

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