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Saturday, July 10, 2021 9:34:38 AM
“Aside from comparing Ethereum and Bitcoin, the analyst from Goldman Sachs also argues that gold is the most superior store of value. The investment banking firm stated that gold is superior to crypto-assets. It characterized gold as a defensive inflation hedge while crypto as a risk-on inflation hedge.
Gold competes with cryptos the same way and extent it competes with other hazardous assets like cyclical commodities and equities.”
https://bitcoinist.com/goldman-sachs-says-ethereum-may-become-the-new-store-of-value/
"Be fearful when others are greedy, and greedy when others are fearful."
_Warren Buffett
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