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In a notable story, investor and real estate mogul Gary Cardone (twin brother of Grant Cardone) made headlines by selling a $25 million house to buy Bitcoin. This move underscores a growing acceptance among high-net-worth individuals of Bitcoin as a superior investment and store of wealth, especially as the traditional assets like real estate and gold face increasing uncertainties.
Bitcoin vs. Gold: Outperforming Traditional Assets
In the realm of comparison with traditional assets, Bitcoin continues to showcase its dominance. A chart from eCoin Metrics illustrates Bitcoin nearly reaching its all-time high against gold—highlighting that Bitcoin "smashes" gold in potential returns, making it an "alpha" investment for those seeking significant gains.