Famed cryptocurrency trader and Aike Capital founder Alex Krüger tweeted on Jan. 1 that the bitcoin – gold relationship needs closer examination.
Central banks (CB) will hold bitcoin sooner or later, says Krüger. The reason, he says, has to do with gold and how central banks treat it.
In a series of tweets, Krüger shows how demand for gold has changed in 2020.
I've changed my mind. Major central banks will eventually hold #Bitcoin as a reserve asset. So let's explore how central banks' gold demand looks like