Is Bitcoin the equivalent of digital gold. - In the Bitcoin white paper, BTC was compared to physical gold for the first time.
11 Aug 2022, 10:52
Is Bitcoin the equivalent of digital gold?
- In the Bitcoin white paper, BTC was compared to physical gold for the first time.
- Both investment assets have both been touted as potential inflation hedges for diversified portfolios.
- However, this status has been challenged as both assets have experienced a sell-off amid the recent inflationary environment.
- We look at a brief history of gold and Bitcoin, compare Bitcoin vs gold, and consider whether these investment assets can still fulfill their promise of being a hedge against inflation.
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