Bitcoin the new gold? Analysts see 19-times upside by Dec 2021

in hive-116221 •  4 years ago  (edited)

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Bitcoin is far better than gold. The amount of Bitcoin is fixed but as for gold even though it is rare, new gold deposits could possibly be found. Bitcoin can easily be transferred from one person to another in any part of the world quickly but for gold transferability and storage are highly onerous and expensive. Given the advantages Bitcoin has , it is no surprise that Bitcoin has decoupled from gold. 



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The world is seeing disruption not only in technology but also in finance. Bitcoin's and cryptocurrencies' ascension to mainstream will disrupt the monetary and fiscal policies of every country.