BITCOIN AS GOOD AS GOLD. WELL, ACTUALLY BETTERsteemCreated with Sketch.

in steem •  7 years ago 

If financial statistics are anything to go by, perhaps there should be a pot of bitcoins at the end of every rainbow as the cryptocurrency has outperformed gold for a second year running.

According to Forbes, the Bitcoin Investment Trust gained 1407.42%, while SPDR Gold Shares only increased by 11.93%. Yes, you read that right. However, both gold and Bitcoin grew more than the S&P 500 and 20-year US Treasury bonds. This is the second time in as many years that Bitcoin has pulled rank over both gold and Wall Street.

images (1).jpghas been around for a short time compared to gold and fiat currencies, it already offers some important benefits.images (1).jpg

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7 years ago by

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