According to CNBC, an analysis by Bernstein, a major U.S. asset management company, has revealed that Bitcoin could replace gold over the next decade.
"Bitcoin could replace gold for the next decade," said Ghartem Chapney, president and CEO of Bitcoin. "Bitcoin will become a new era store of value for institutions and businesses."
"It is expected to become the standard for corporate financial assets," he said. He went on to predict that "Bitcoin will rise to $200,000 by the end of 2025."
DA Davidson, a Wall Street investment bank and research firm
Gil Luria, head of research at the University of Pennsylvania Davidson, also said that "Bitcoin's primary use is as a store of value" and that "it is a response to declining economic stability."
It was evaluated as a "hedging tool."
2024/12/06 17:09 KST
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