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Bitcoin’s Vulnerability Lies in the Absence of Tangible Element like Gold: Juckes

On January 26th, Kit Juckes, primary FX strategist at Societe Generale, highlighted the deficiency of a physical component like gold in Bitcoin. He expressed thoughts on the transition of the world and central banks towards digital currency, casting doubts on the significance of Bitcoin and other virtual currencies in this transition. His insights were shared on “Bloomberg Surveillance.”

Credit: YouTube/Bloomberg Television

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