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Canadian billionaire says that bitcoin is just speculation

Canadian billionaire Frank Gistra OPINED Bitcoin, the leading cryptocurrency according to the maximum market, is just a speculative tool:

“So far, despite her performance, Bitcoin has not proven that she has gold qualities. This is just a fact. You can aspire to be like gold, but this is speculation. Enjoy riding,” he said.

Giustra, a golden supporter, is convinced that Bitcoin never behaved like a safe asset. Meanwhile, the yellow metal aims to maintain wealth rather than use it for trading by speculators, according to a prominent businessman.

“Gold must be a small part of everyone’s wallet … 10-15 %. It has not been too late for purchase … but remember, it is not a feature of trading. You hold it by maintaining wealth, not to become rich. If you want to become rich, this requires risks/speculation … in this case, buy bitcoin,” noticed earlier this month.

Bitcoin has been constantly traded as risk assets, and has failed to show gold -related qualities, according to Giustra.

Moreover, it is believed that the bitcoin narration “has left a long time” from the original white paper.

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