Crypto influencer Ran Neuner said Bitcoin (CRYPTO: BTC) failed its defining test as a store of value, questioning the entire thesis for the first time in 12 years after capital fled to gold instead of BTC during recent market stress. The Store Of Value Failure Neuner argued Bitcoin evolved from “peer-to-peer cash” into “digital gold” as the community fought for ETF approval and institutional access.
'Bitcoin Has Failed'—Crypto Influencer Questions Entire BTC Thesis After 12 Years
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Ran Neuner said Bitcoin 'failed' its defining test as a store of value and questioned the entire BTC thesis for the first time in 12 years, saying capital fled to gold instead of BTC during recent market stress and that Bitcoin evolved from 'peer-to-peer cash' into 'digital gold' as the community fought for ETF approval and institutional access.
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