Touted as a digital store of value with scarce supply, Bitcoin has seen its fair share of comparisons to gold over the years. Keeping up with that trend, a sailing …
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Institutions Prefer Bitcoin to Gold ETFs According To Bloomberg
A snapshot shared by Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence, on Mar 8 points to convincing statistics showing an accelerated influx to Bitcoin in recent month. The Bitcoin …
MoreBitcoin ‘pushing aside’ gold as a store of value, according to Mike McGlone
A number of indicators suggest that Bitcoin (BTC) is pushing aside gold as the premier safe-haven asset. This could set the stage for wider mainstream adoption of the digital currency, …
MoreMark Cuban explains to Peter Schiff why gold is going to “die” as a store of value
On Tuesday (March 2), American billionaire Mark Cuban explained to Bitcoin hater Peter Schiff why gold did not have a bright future as a store of value asset. Cuban is the majority …
MoreJurrien Timmer Thinks Bitcoin Has ‘Unique Advantage’ Over Gold
As Bitcoin goes mainstream, joining the ranks of its supporters is Jurrien Timmer, the director of Global Macro at Fidelity, a large financial services company that controls more than $3.3 …
MoreBridgewater analyst: Bitcoin is an alternative to gold, not a currency
Rebecca Patterson, the director of investment research at Bridgewater Associates, said bitcoin could be better compared to gold than a currency due to the similarities between both assets, thus, supporting …
MoreBitcoin and Gold Serve Different Roles in a Portfolio
Both bitcoin and gold have a specific role to play in investors’ portfolios and, as such, bitcoin won’t take over gold’s market capitalization, nor will gold make the flagship cryptocurrency …
MoreIn Singapore, Bitcoin to challenge gold as a store of value
In ancient China, small golden or silver ingots were used as currency. Its weight in taels — a weight measurement unit in regions of East and Southeast Asia — determined its value. …
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