Canadian billionaire Frank Justra has it opinion We believe that Bitcoin and Gold should not compare the two assets, as they offer “very different features.”
In fact, Giustra is sure that Bitcoin has never actually been traded like gold.
“What I’m pointing out is that Bitcoin has never traded like gold.
Mining lenders say Bitcoin is consistently running as a risk-on asset.
“More plot twists than ‘Gone Girl'”
A passionate gold advocate, Justra has long been a Bitcoin critic. His famous time Discussion In 2021, along with strategy co-founder Michael Saylor, Justra said he could manipulate Bitcoin prices. He also rejected the importance of Wall Street, which embraced major cryptocurrencies. “They’re going to jump on what makes them money,” he said.
In December he accused Bitcoin maximalists of constantly changing their bullish narrative.
“Bitcoin Maxis changed the story many times with each new story failing. Bitcoin has given more plot twists than ‘Gone Girl’,” he said.
As reported by U.Today, gold has outpaced Bitcoin significantly since the beginning of the year amidst tensions in global trade. The biggest cryptocurrencies, along with US stocks, have lost bullish momentum. Justra has it I was urged Bitcoin supports stopping the idea that Bitcoin is “equal or better than gold.”
That said, some analysts believe that Bitcoin is Ambidextrous In nature, it means that it can act as both a safe shelter and a risky asset.
