Hedging a $200 billion stablecoin with Bitcoin is impractical due to significant counterparty risk. The perception of risk in the economy affects the value of assets like gold. Gold is likely to reach $10,000 within two years due to its scarcity and historical role as a store of value.
The post Vinny Lingham: Hedging a $200 billion stablecoin with Bitcoin is impractical, gold is set to reach $10,000, and Bitcoin’s narrative has shifted to a store of value | Unchained appeared first on Crypto Briefing.
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