Abra CEO Agrees With Bitcoin's Role as Digital Gold

Cointelegraph

Published Jul 16, 2020 02:22PM ET

Updated Jul 16, 2020 04:00PM ET

After changing roles several times since its 2009 launch, the current line on Bitcoin (BTC) calls it a store of value comparable to gold — a status with which Abra CEO Bill Barhydt agrees.

"Today Bitcoin is best used as a store of value that will become more and more uncorrelated to traditional investing markets over time," Barhydt told Cointelegraph.

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