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Will Bitcoin replace Gold? DBS vs BOS
By Side Hustle Rich  •  January 28, 2021
In any debate, you will find people on both sides of the argument. Even for something as ridiculous as the idea of a flat earth, you will find people unwavering in their beliefs. So, when it comes to Bitcoin, the debate is raging. What is it? Is it a speculative asset? A bubble? A store of value? A medium of exchange? The hardest money ever created? Will it go to $10M or will it go to zero? The answer to all of it, according to reddit, is: Yes. Crypto has been at the forefront of the news media lately, luckily for all the right reasons. So today, we have 2 of our local banks coming out with reports that, surprise surprise, kinda contradict one another. OCBC: Crypto could replace gold as a store of value Bank of Singapore, the private banking arm of OCBC, said that if crypto could navigate through a few hurdles,...
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By Side Hustle Rich
I’m Richard, creator of SideHustleRich. I created this site to journal my experiments, experiences and thoughts on working up multiple streams of income, in an attempt to achieve financial independence. I’m a happily married man and a father to two young boys. I don’t believe in working until i’m 65, maybe enjoy 5 years of retirement before starting to ache all over from basically growing old and tired.
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