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🚨 FED CHAIR POWELL: BITCOIN IS A COMPETITOR TO GOLD, NOT THE DOLLAR
🇺🇸 Fed Chair Jerome Powell has stated that Bitcoin is a competitor to Gold - not the US Dollar.
Bitcoin is being viewed as a store of value, just like Gold - and not as a currency for daily use, like the Dollar.
COMPARISON:
#GOLD market cap: $29.1 trillion
#BITCOIN market cap: $1.78 trillion
If Bitcoin even reaches close to Gold's level, there is still a massive amount of room for growth.
BITCOIN IS STILL IN THE EARLY STAGE.