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BitMEX’s Arthur Hayes Reignites Bitcoin Vs Gold Debate

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By on July 2, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post BitMEX’s Arthur Hayes Reignites Bitcoin Vs Gold Debate appeared first on Coinpedia Fintech News

Arthur Hayes has yet again ignited the Bitcoin vs gold debate, highlighting Bitcoin’s technological edge, market performance, and the impact of recent geopolitical shifts on safe-haven assets. Hayes emphasizes Bitcoin’s superior transaction speed and efficiency over gold due to its cryptographic blockchain. Hayes notes that Bitcoin has outperformed traditional assets to such an extent that it’s difficult to discern the difference in returns between gold and stocks on standard charts. Gold underperformed stocks by almost 300% during this period.

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