The post Is Bitcoin the Next Gold? Howard Lutnick Drops a Bombshell appeared first on Coinpedia Fintech News
In a recent interview with Fox Business, Howard Lutnick, the CEO of Cantor Fitzgerald, strongly criticized Bitcoin skeptics and made a bold statement in favor of BTC. His statement has triggered discussions across social media platforms. Many have come forward to openly support the views of Lutnick. Let’s analyze his statement and its possible impact. Ready?
Bitcoin is a Commodity, Not Just a Digital Currency
Even in this era of modern finance, Bitcoin is still considered by most industry experts to be a mere digital currency – nothing more. Howard Lutnick fiercely challenged this attitude towards Bitcoin. He appealed to experts to accept Bitcoin as a commodity. He even likened Bitcoin to top commodities, like Gold and Oil.
Meanwhile, he declined to advocate for other cryptocurrencies. Notably, he presented Bitcoin as something clearly different from others
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