Tom Lee in Hong Kong stated: Bitcoin will outperform gold by 2026!
Recently,
$BTC has underperformed relative to gold. Over the past year, BTC -29%, gold +73%, causing many to question the "digital gold" narrative of BTC.
However, Tom Lee points out based on data: Over the long term, in the past 50 years, gold has underperformed inflation 48% of the time! In contrast, since its inception, Bitcoin has only failed to outperform inflation 3% of the time.
Tom Lee predicts that Bitcoin's recent weakness is a temporary phenomenon.
In the long run, Bitcoin remains a better store of value than gold.