New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
Should we sell Bitcoin to buy gold right now?
According to Matthew Kratter — a market analyst, educator, and Bitcoin advocate — Bitcoin (BTC) will outperform gold as a long-term store of value. He advises investors holding Bitcoin not to sell their BTC to switch to gold, even if the price of gold rises above $4,000 per ounce.
Kratter argues that Bitcoin has superior financial characteristics compared to gold, including a fixed supply, global transferability, easy verification, high divisibility, and independence from intermediaries. Meanwhile, the supply of gold continues to increase at a rate of 1-2% per year, which could lead to the total circulating supply doubling after a few decades. Additionally, the discovery of new gold mines or breakthroughs in mining technology could weaken the scarcity of gold.
He also emphasized the inherent limitations of gold in the digital age, such as high costs for transportation, storage, and insurance, as well as the inability to transfer it online. In contrast, Bitcoin is seen as a natural evolution of currency in the Internet age.
$BTC