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September 01, 2020 1:20pm
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Bitcoin Is Not a Replacement for Gold

Ink is spilling about bitcoin replacing gold. The launch of the ProShares Bitcoin Strategy ETF (BITO) on Tuesday and today’s debut of the Valkyrie Bitcoin Strategy ETF (BTF) have some investors, such as Social Capital founder Chamath Palihapitiya, eager to declare that gold has been replaced. The...
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