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EOS Founder Believes Gold Will Perform Fractionally As Bitcoin

The EOS Founder believes that gold will perform as well as Bitcoin which is only fractionally as they have both been pressing higher after the comments by the Federal Reserve chairman Jerome Powell last week as we reported in the EOS newsletter previously. Both assets increased by around 5% since the comments were made and some proponents believe that the gold will outperform any other asset in circulation due to the vast amount of monetary stimulus. Crypto proponents that are mostly focused on altcoins believe that bitcoin will outperform gold. According to Brendan Blumer, the co-founder of Block.one, Bitcoin will…

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US Citizens Pour Stimulus Check Cash Straight Into BTC And Gold

US Citizens pour all of their stimulus check money right into Bitcoin and gold according to two reports today as we are reading further in our latest Bitcoin news. The US Citizens seem to be loving bitcoin as the US Bank JPMorgan stated yesterday, saying that younger investors are likely to choose Bitcoin as an investment over gold while many of them are pouring their excess cash into crypto. All reports suggest the same outcome which is that crypto adoption and investments are rising in terms of economic uncertainty. $2052 (+71%)#bitcoin — $1200 Stimulus Is Now Worth (@BitcoinStimulus) August 5,…

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