- Gold vs. Bitcoin in Willy Woo’s view
- Robert Kiyosaki: Large crash imminent
Distinguished cryptocurrency dealer Willy Woo has taken to X to share his tackle the gold-vs.-Bitcoin narrative that has been on the rise just lately.
Woo commented on different customers’ X posts, saying he nonetheless helps Bitcoin and believes in its supremacy over gold. Nonetheless, he doesn’t imagine that BTC will be capable of transfer ahead as “the brand new gold” within the subsequent few years.
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Gold vs. Bitcoin in Willy Woo’s view
Willy Woo commented on Henrik Zeberg’s X publish, the place he cited Cathie Wooden, calling Bitcoin a “hedge in opposition to inflation and deflation.” Zeberg disagrees with Ark Make investments’s CEO, saying that BTC is an final danger asset.
Woo agrees with him, saying that Bitcoin “trades risk-on as an rising asset,” whereas he believes gold to be “a hedge in opposition to inflation and deflation.”
Willy Woo believes that the market will sooner or later embrace Bitcoin and its basic properties as “a greater gold.” Nonetheless, the dealer reckons it’s prone to occur in 15 and even 20 years, “when gold breaks.”
Responding to a remark by dealer Bob Loukas, which he made to Woo’s tweet, Lukas said that Bitcoin is “superior in so some ways.” Nonetheless, Bitcoin won’t ever have finality in a state, whereas “gold achieves full finality for holders.”
Woo responded, partly agreeing with Bob Loukas, saying that Bitcoin has a greater design. BTC will ultimately beat gold, per Woo, but it surely “will take much more time,” whereas loads of merchants and traders “are too impatient over the timelines.”
Robert Kiyosaki: Large crash imminent
Kiyosaki, the famend investor and writer of the “Wealthy Dad Poor Dad” e book, has revealed yet one more prediction of a “large crash” that he believes to be imminent.
He referred to his e book “Wealthy Dad’s Prophecy” revealed again in 2013, the place that prediction was first talked about — about “the most important inventory market collapse in historical past coming.” Kiyosaki tweeted: “That enormous crash is now imminent.”
Kiyosaki believes that this crash might make one richer past one’s wildest goals if one is ready. Kiyosaki said that he’s ready as he holds actual belongings — Bitcoin, Ethereum, silver and gold (no ETFs). In actual fact, he’s so bullish on Bitcoin that he’ll proceed to purchase it as the value retains happening, the tweet states.