Here’s How Large Bitcoin Needs to Grow Before It Sucks Value Away from Gold

Despite Bitcoin’s correlation to the stock market throughout the past several months, the cryptocurrency has been widely garnering adoption as a safe haven asset. Individuals and corporations have been turning to the cryptocurrency to protect against potentially imminent inflation due to rampant USD printing. Most recently, multi-billion-dollar tech giant Square announced that they had acquired…

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Bank of England Governor Still Isn’t a Fan of Bitcoin

While central banks are embracing digital currencies, they still aren’t a fan of Bitcoin and other cryptocurrencies. The Bank of England’s recently-instated governor made that view clear just recently when he asserted that the leading cryptocurrency isn’t valuable in his eyes. The governor, Andrew Bailey, has been touting this opinion for many years. Related Reading:…

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