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Raphael Zagury, CEO of U.S.-listed Bitcoin accumulation company Twenty One Capital (XXI), said Bitcoin will surpass gold’s market capitalization over the long term.
Zagury argued Bitcoin allows holders to move assets worth billions of dollars from anywhere in the world by remembering 12 or 24 seed words. Unlike physical gold, Bitcoin offers access to and transfer of large-scale assets in that way, which he said will make it more competitive than gold over the long run.