First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/12/05/jerome-powell-bitcoin-and-gold-are-the-same-and-not-in-competition-with-the-dollar-003664
<p><img src='https://www.moneymetals.com/uploads/content/Jerome-Powell--Bitcoin-and-Gold-Are-The-Same.jpeg'/></p>Jerome Powell thinks Bitcoin is “just like” gold and is not competing with the U.S. dollar. How do these assertions stack up against reality?