Saifedean Ammous predicts Bitcoin will evolve into a more stable and larger asset class than gold, cementing its role as a primary store of value in the global financial system.
Saifedean Ammous posits that Bitcoin has already achieved the functional status of money by serving as a reliable store of value. The author projects a bullish long-term trajectory, suggesting that as the asset matures, it will surpass gold in both total market capitalization and price stability.
He expects Bitcoin to grow larger than gold and eventually exhibit lower volatility.
Yes, he argues it already functions as money when utilized as a store of value.
Gold is referenced as a comparison asset that Bitcoin is expected to surpass in size and volatility.
Economist Saifedean Ammous asserts that Bitcoin currently functions as a viable store of value. He projects that the digital asset will eventually eclipse gold in total market capitalization while simultaneously reducing its historical price volatility as the network matures.
According to Saifedean Ammous, Bitcoin already functions as money when held as a store of value and is expected to eventually surpass gold in both market size and price stability.