Saifedean Ammous Predicts Bitcoin Will Outgrow Gold and Become Less Volatile
The Bitcoin Standard author Saifedean Ammous argues that Bitcoin already serves as money through its store-of-value role and expects it to eventually surpass gold.
Saifedean Ammous, author of The Bitcoin Standard, expects Bitcoin to become larger and less volatile than gold as it matures, according to Cointelegraph.
Ammous argues that holding Bitcoin as a store of value already constitutes using it as money. His position treats that role as sufficient for Bitcoin to have a monetary function.
His outlook links Bitcoin’s maturation to lower volatility and a scale exceeding gold’s. Those outcomes remain predictions rather than established features of the cryptocurrency.
Source: Cointelegraph
