Go for Gold! Yes, that is the next giant step that awaits Bitcoin. There will be many things to see and do along the way, but the goal is clear for some. Not for me, but I will talk about that later.
After the US elections, it seems that many are taking for granted that Bitcoin will become a store of value just like Gold.
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It is clear that it will not be, since Bitcoin is deflationary and Gold is not. In fact, it seems that there are already companies that intend to hoard Bitcoin as reserves. I wish them luck in buying significant amounts on the market, I think they have not done the numbers right.
If this trend is carried out, the price that Bitcoin should reach when it replaces Gold would be more or less 800K Dollars. An x10 that does not seem like much.
My personal opinion, which no one has asked me for, is that Bitcoin is not Gold but something much bigger. The cryptomarket is on its way to replacing the current financial markets just as the digital replaced the analog. So it is better not to do numbers with prices and start doing them with the associated returns.
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