The Daily Hodl
2021-01-07 18:00:03

Analyst Willy Woo Says Bitcoin Could Flip Gold’s Trillion-Dollar Use As Financial Hedge This Year

On-chain cryptocurrency analyst Willy Woo says Bitcoin could eclipse gold’s use as a financial hedge in less than a year. Woo tells his 210,000 Twitter followers that the portion of gold’s market cap that is actually used as a hedge against inflation could rapidly lose its dominance to Bitcoin. Woo says only two-fifths of gold’s […]The post Analyst Willy Woo Says Bitcoin Could Flip Gold’s Trillion-Dollar Use As Financial Hedge This Year appeared first on The Daily Hodl.

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