Brendan Blumer, founder and leader of EOS, believes Bitcoin will replace gold as the main means of preserving value in two decades, he shared on his official Twitter account:
"Over the next two decades, #Bitcoin will replace #gold as the leading commodity to store value."
He added that after all Bitcoins are mined, the fees on the network will eventually increase. However, several solutions like Lightning Network will offer cheaper options for transferring the main cryptocurrency:
"Most of the activity will flow to scalable layer-two solutions, but Bitcoin’s awareness and liquidity will continue to compound."
Charlie Morris, CIO (chief investment officer) at Newscape Capital, said last month that investors would prefer gold to Bitcoin in case of a military conflict.
At the same time, he noted that gold and Bitcoin cannot be compared due to the fact that they have a completely different nature: according to Morris, Bitcoin is a speculative asset, while gold has existed for 1,000 years and has been used as a means of preserving value during all its history.
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