Former CFTC Chairman Giancarlo calls Bitcoin digital gold, citing programmed scarcity
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Chris Giancarlo describes Bitcoin as digital gold.
Bitcoin’s supply is limited by its programming, Giancarlo says.
Giancarlo previously served as CFTC Chairman.
Former CFTC Chairman Chris Giancarlo describes Bitcoin as digital gold, attributing its monetary appeal to programmed scarcity. He says the number of Bitcoins is limited and that this restriction is written into the asset’s underlying design.