A: As far as our research is concerned, the market believes that Bitcoin does not have the stored value function of traditional metal currency, because Bitcoin has no correlation with gold and platinum in price changes.
Commodity prices are determined by the supply and demand of the market. In a short period of time, we can think that the supply of gold and bitcoin has changed little. If international institutional investors have high risk aversion, gold is used as a means of storing anti-inflation. At this time, prices will rise. If bitcoin has a gold-like stored value function, it must have a part of the price change associated with gold or silver price changes, but the actual data shows that they are not relevant.
However, there is a situation in which young people who are now no longer like gold but prefer bitcoin as a means of storing value. Our research does not rule out this possibility.

