Bitcoin could replace gold as store of value, Bank of Singapore says – The Independent
Bitcoin could replace gold as store of value, Bank of Singapore says – The Independent
Bitcoin and other digital cryptocurrencies could replace traditional safe-haven assets like gold, according to the Bank of Singapore. Mansoor Mohi-uddin, the bank’s chief economist, wrote in a research note that the limited supply of bitcoin has meant investors are increasingly looking to it to bolster their portfolios, although a certain many regulatory and reputational challenges […]
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