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Category: alternate store of value
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Author Insists Current Gold Price Cheaper Now Than in 1980
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Blackrock Executive Says Gold Now Less Effective Hedge Against Inflation
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Peter Schiff Blames Government for the Massive Dollar Depreciation — Still Refuses to Accept BTC is Digital Gold
Gold bug and bitcoin opponent Peter Schiff says the U.S. government’s actions in the past 78 years are partly responsible for the massive depreciation of the U.S. dollar. Using a medical bill from 1942 to illustrate the extent of the dollar’s decline, Schiff says the $70 paid to foot hospital expenses that year was equal […]
The post Peter Schiff Blames Government for the Massive Dollar Depreciation — Still Refuses to Accept BTC is Digital Gold appeared first on Bitcoin News.
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Gold Price Expected to Rally Despite Concerns About Lockdown 2.0
Gold industry players say the inevitable printing of new money by the U.S. will lead to an increase in the circulating supply of fiat currency. This increase, in turn, will further dilute the value of U.S. currency and thus diminish its perceived status as the world’s foremost reserve currency. The gold industry players also add […]
The post Gold Price Expected to Rally Despite Concerns About Lockdown 2.0 appeared first on Bitcoin News.
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Fidelity Digital Assets Touts Bitcoin Credentials, As Publicly Traded Companies Now Hold Over 600,000 BTC
Fidelity Digital Assets (FDA) says diversifying an investment portfolio with bitcoin is especially essential now when benchmark interest rates globally are near or below zero. The opportunity cost of not allocating to bitcoin is simply higher explains FDA in its latest bitcoin investment thesis. FDA’s assertions come as one survey found that as many as […]
The post Fidelity Digital Assets Touts Bitcoin Credentials, As Publicly Traded Companies Now Hold Over 600,000 BTC appeared first on Bitcoin News.
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