David Marcus, former CEO of PayPal, has declared Bitcoin superior to gold as a store of value, citing its digital advantages. Marcus, who shared his views on social media platform X, highlighted Bitcoin's portability and efficiency over gold's physical constraints. He emphasized Bitcoin's decentralized nature, allowing for global transactions without intermediaries, and its fixed supply of 21 million coins, contrasting with gold's variable supply.
Marcus projected that if Bitcoin's market capitalization matched gold's, its price could reach between $1.1 million and $1.5 million per BTC. This perspective aligns with a broader trend of institutional interest in Bitcoin, as major asset managers like BlackRock and Fidelity launch Bitcoin ETFs, bridging traditional finance and digital assets. Marcus's insights contribute to the ongoing debate on digital versus physical stores of value in a modern economy.
Former PayPal CEO David Marcus Advocates Bitcoin Over Gold as Superior Value Store
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