Macro Voices cover image

MacroVoices #421 Luke Gromen: More Dollar Liquidity To Come…

Macro Voices

Bitcoin's Rise Vs. Gold: Size, Financialization, and Momentum

2min Snip

00:00
Play full episode
Bitcoin's significant percentage move compared to gold is partly due to its smaller asset base, making it more susceptible to capital inflows. Unlike gold, Bitcoin lacks the financialization present in gold markets, making it less sensitive to historical factors. Additionally, Bitcoin's momentum attracts Western investors who tend to chase performance, leading to further price appreciation. This rise is also influenced by generational shifts and cultural behaviors, where investors gravitate towards assets with faster price appreciation. Therefore, Bitcoin's growth is driven by its size, lower financialization, momentum, and investor behavior.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode