Tether CEO Paolo Ardoino on what’s keeping Bitcoin from replacing gold
Bitcoin is not yet at the stage of adoption and education in the broader world that will make it the new world reserve currency. The majority of the decision makers in this world are above 60 years old, and nothing wrong with that. But simply, not everyone understands Bitcoin. Bitcoin is not 5000 years old, as gold is. Bitcoin does not have yet, the penetration, in terms of knowledge and understanding, that gold has. Gold had 5000 years, proving itself as the reserve currency, in Roman times, in Egyptian times, every single time, gold was there.
#Bitcoin #Gold #Tether #Macro #Markets
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