Turnover as % of total outstanding is tiny for gold in comparison to Bitcoin. Central banks hold large % of gold. Bitcoin volumes have exploded due to emergence of hf traders, a booming derivatives market, & surge of new coins that trade against Bitcoin.
bridgewater.com/research-and-i… https://t.co/557LQjgNON
@ummodern @zeithistoriker @HarvardSTS @CompCoRe_STS Say more. Say more.
@ummodern @zeithistoriker @HarvardSTS @CompCoRe_STS Say more. Say more.