Bitcoin has been dubbed as “digital gold” with North American nation regulators expression the digital currency ought to be seen as a goods rather than being compared to actual cash.
Tyler Winklevoss, co-founder of Winklevoss Capital, branded bitcoin as “gold a pair of.0” as he aforementioned the cryptocurrency may reach a capital appreciation of $7 trillion.
Appearing on Bloomberg News, Mr Winklevoss said: “The market capital of gold is seven trillion. within the market capital of bitcoin, let’s say it’s around a hundred to two hundred billion.