Arthur Hayes Says 'Bitcoin Is Superior, Whereas Gold Is Inferior' — Here's Why
Portfolio Pulse from Aniket Verma
Arthur Hayes, co-founder of BitMEX, claims Bitcoin is a superior safe-haven asset compared to gold due to its technological advantages and rapid transaction speed. He argues that Bitcoin's cryptographic blockchain makes it more efficient than gold, which is limited by physical constraints.
July 02, 2024 | 8:59 am
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Arthur Hayes, co-founder of BitMEX, asserts that Bitcoin is a superior safe-haven asset compared to gold, highlighting its technological advantages and rapid transaction speed.
Hayes' endorsement of Bitcoin as a superior safe-haven asset could boost investor confidence and drive short-term price increases. His emphasis on Bitcoin's technological superiority and rapid transaction speed may attract more investors.
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