Bitcoin could become 'digital gold' if volatility and liquidity issues subside with 'regulatory certainty', Bridgewater says

Bitcoin vs. Gold
Tomohiro Ohsumi/David Gray/Getty Images
Bridgewater's Director of Investment Research told Bloomberg on Wednesday that bitcoin could become "digital gold."
"As institutional investors, we don't know yet if it's going to be digital gold, it may be over time, but I don't think we can say that with confidence yet," Patterson said.
Patterson argued that with more "regulatory certainty", volatility and liquidity issues may subside.
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