Pantera Capital CEO: Bitcoin is Much Better Than Gold

Quick Summary:

In a recent interview with CNBC, Dan Morehead, co-founder and CEO of Pantera Capital, declared that Bitcoin (BTC) is “much better than gold,” urging the U.S.government to increase its Bitcoin holdings.

Highlighting Bitcoin’s unique properties and growing adoption, Morehead positioned Bitcoin as a superior store of value and a transformative new asset class.

Countries like El Salvador have already embraced Bitcoin as legal tender, and more governments may follow suit, especially amid global economic shifts.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: IndiaEl Salvador

Topics: #Pantera Capital Crypto News Bitcoin Better Than Gold

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-14 @ 14:12:33 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 423 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 24407238

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 19 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 14 hours ago

Coverage Areas: India

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