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Explosive Silver Move To Give Crypto A Run For Its Money | Peter Krauth
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Peter Krauth argues that silver has the potential to give cryptocurrency a run for its money. He highlights silver's critical role in industrial applications, especially in solar technology and AI, which require growing amounts of the metal. Krauth points out that despite the increasing demand, silver's supply remains inelastic, with production largely tied to mining other metals, making it difficult to increase supply even as prices rise. He also notes that silver’s hybrid nature—serving both as a crucial industrial resource and a potential hedge against economic instability—makes it a compelling alternative to cryptocurrencies.
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