Bitcoin’s value has doubled four times this year, from US$1,000 to US$16,000. Photo: Bloomberg
Why bitcoin may be the new gold for savvy investors
Michael Edesess says bitcoin’s rapid gains don’t necessarily make it a bubble, and its price could keep rising because investors see it as a store of value, given its independence from inflation
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Bitcoin
Bitcoin’s value has doubled four times this year, from US$1,000 to US$16,000. Photo: Bloomberg