For the last several years, advocates have touted Bitcoin as being "digital gold." They envision it as a protection against inflation and a safe-haven asset when the economy is turning. A rising chorus of investors is challenging this comparison. They are turning back to physical gold as a more stable...
I told you so. I really told you so. For years, crypto evangelists have screamed from the rooftops that Bitcoin is “digital gold.” They view it as a refuge from economic shocks and a hedge against whatever there is to hedge against. Now look at them. Humbled. Silent. Bagholders.Where are...
Investors are increasingly becoming skeptical of Bitcoin as a safe-haven asset. Instead, they’re rushing to gold because of increasing geopolitical instability and market volatility. Those recent price swings in Bitcoin have alarmed would-be investors. With recent heavy outflows from Bitcoin ETFs, many are looking to gold in search of stability....