Macro investor Luke Gromen believes that Bitcoin has the potential to outperform gold as an investment due to its unique advantages. He highlights Bitcoin's favorable stock-to-flow ratio and expanding network effect as factors that could increase its long-term value. Gromen also points out that Bitcoin's stock-to-flow ratio is higher than that of gold, suggesting that as Bitcoin becomes scarcer, its value will appreciate. Despite Bitcoin's price volatility, Gromen argues that its long-term performance has been better than that of gold. However, caution and risk management are necessary when investing in Bitcoin, especially during times of economic uncertainty.



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