Recently, Bluford Putnam, Managing Director and Chief Economist at CME Group, said that Bitcoin is an “emerging competitor” to gold.
Putnam is “responsible for leading global economic analysis and monitoring developments in the price patterns, volatility, and correlations of futures and options markets.” Before joining CME Group, Putnam “gained more than 35 years of experience in the financial services industry with concentrations in central banking, investment research, and portfolio management.”