Why Bitcoin Is Always Cheap
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Cryptocurrencies have come a long way since their inception in 2009, but their promise of dethroning fiat money such as the US dollar is still far off.
Adam Dubove, the co-founder and director of financial-intelligence service Ichimoku Fibonacci, believes bitcoin is on the path to becoming digital gold. He argues bitcoin offers the best value proposition for long-term, privacy-minded investors and residents of countries with mismanaged currencies such as Argentina or Venezuela.
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In this week’s Discovery Group segment, Stephen Swatton, the CEO of K2 Gold Corp. (TSX-V: KTO), explains the firm’s impressive results on soil surveys and new targets for its Mojave project in California.
Recommended Links
- Connect with Adam on Twitter and LinkedIn.
- Visit Ichimoku Fibonacci.
- “Bitcoin Maximalism,” Investopedia.
- “Bitcoin Post-Halving Report (Q2 2020),” Cointelegraph.
If You Liked This Episode
- “The Fundamental Value of Cryptocurrencies,” Gold Newsletter Podcast.
- “Altcoins, Central Banks Vie for Bitcoin Legacy,” Gold Newsletter Podcast.
- “Demelza Hays: Will Bitcoin Pass the Baton to Stablecoins?” Gold Newsletter Podcast.
- “Next Steps to Cryptocurrency Adoption,” Gold Newsletter Podcast.
Fergus Hodgson is Gold Newsletter’s roving editor. Follow him on Twitter and Facebook.