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Fund Managers Increasingly Prefer Bitcoin Over Gold — Say It’s a Better Store of Value
22.11.2021
A growing number of fund managers and institutional investors now prefer bitcoin over gold. They see the cryptocurrency as a better store of value and a better inflation hedge. “I think it’s probably going to be ten times better than gold over a long period of time,” said...
Microstrategy CEO Discusses Bitcoin Becoming $100 Trillion Asset Class — Says BTC Will Grow 100X
21.11.2021
The CEO of Microstrategy says that bitcoin will emerge as a $100 trillion asset class and will grow 100X from where it is today. He said the cryptocurrency is winning against gold as a store of value and he is not worried about regulation. “I’m not at all troubled with the regulations...
Bitcoin Is Now World’s 8th Most Valuable Asset — BTC Now Targets Silver’s $1.31T Market Cap
15.10.2021
The price of bitcoin had crossed the $60K zone at 1:30 a.m. (EST) early Friday morning. The leading crypto asset’s latest price jump has made it so bitcoin’s overall market valuation of $1.119 trillion has surpassed Facebook’s market capitalization. The digital asset is also...
JPMorgan: Institutional Investors Dump Gold for Bitcoin Seeing It as Better Inflation Hedge
8.10.2021
Global investment bank JPMorgan says institutional investors are returning to bitcoin, seeing the cryptocurrency as a better hedge than gold. The firm’s analysts describe three key drivers boosting the price of bitcoin in recent weeks, including assurances that U.S. policymakers will not...
Bill Miller’s Hedge Fund Sees Bitcoin Having ‘Significant Upside Potential’ as Digital Gold
9.9.2021
In a report filed with the U.S. Securities and Exchange Commission (SEC), the fund managers for the Miller Opportunity Trust, Bill Miller’s hedge fund, state that “bitcoin has significant upside potential as a form of digital gold.” The report details that despite...
Microstrategy Avoids ‘Multi-Billion Dollar Mistake’ by Choosing Bitcoin Over Gold
7.9.2021
Nasdaq-listed company Microstrategy has avoided a “multi-billion dollar mistake” by choosing to invest in bitcoin instead of gold. The company now holds about 108,992 bitcoins. ‘Multi-Billion Dollar Mistake’ Avoided The Nasdaq-listed software company Microstrategy...
Peter Schiff wins debate over whether gold is a better store of value than BTC
27.8.2021
During the debate, Schiff said that “in reality, Bitcoin and gold have absolutely nothing in common” as gold has value due to its metallic properties while Bitcoin is just a “giant pump and dump. ”
Bitcoin set to replace gold, says Bloomberg strategist on Bretton Woods 50th anniversary
17.8.2021
The statement appeared as a takeaway from Blockworks' Bretton Woods: The Realignment conference that gathered economists, macro analysts, and investors to discuss Bitcoin
Jordan Peterson wraps his divisive giga-brain around Bitcoin
13.8.2021
Jordan Peterson published a podcast titled “Bitcoin: The Future of Money?” this week that hosted Bitcoiners including John Vallis, Der Gigi, Richard James and Robert Breedlove
Joining the ranks: Bitcoin’s correlation with gold and stocks is growing
18.6.2021
BTC used to be an uncorrelated asset, but that’s no longer the case. What can gold and stocks suggest about the crypto markets?
Goldman Sachs: Bitcoin Is an Alternative Inflation Hedge to Copper, Not Gold
3.6.2021
Goldman Sachs’ head of commodities research says bitcoin is more like copper as a hedge against inflation than gold. He explained that they are both “risk-on” inflation hedges whereas gold is a “risk off” asset. Bitcoin Is More Like Copper Than Gold as Inflation Hedge...
Bitcoin is risky digital 'copper', it’s not gold — Goldman Sachs commodities boss
2.6.2021
Jeff Currie, the global head of commodities research at Goldman Sachs, described Bitcoin as a “risk-on” asset that is similar to copper as a hedge against inflation
Bitcoiners love dogs, gold bugs prefer cats — Important new research
26.3.2021
Research has revealed crypto investors are more likely to be ‘dog people' while gold investors are more likely to be ‘cat people’
Fed Chairman Jerome Powell Says Bitcoin Is a Substitute for Gold
22.3.2021
Federal Reserve Chairman Jerome Powell sees cryptocurrency as a substitute for gold, rather than the dollar. However, he cautioned that crypto assets, including bitcoin, are highly volatile and not useful as a store of value. Fed Chair Sees Bitcoin as a Gold Substitute During a webinar sponsored...
Gold's status as inflation hedge 'somewhat exaggerated,' says BlackRock exec
11.3.2021
BlackRock executive Russ Koesterich says gold is failing as an equity hedge amid massive outflows from bullion ETFs into assets like Bitcoin
‘More Valuable Than Gold’- The Motley Fool Announces $5 Million Investment Into Bitcoin
18.2.2021
The fifth-largest investment website globally with over 80 million monthly visitors, The Motley Fool’s positive outlook for the future of bitcoin is another data point in the coin’s journey as the influential advisory organization wades into the debate. Investing Advice Provider...
Bitcoin buys more gold than ever with one ounce now costing under 0.035 BTC
17.2.2021
One analyst says Bitcoin is "eating" the precious metal as gold bugs scramble to find support amid repeated new all-time highs
Gold bug Peter Schiff gives Bitcoin permission to hit $100K
16.2.2021
"While a temporary move up to $100K is possible, a permanent move down to zero is inevitable," Schiff said on Twitter
Bitcoin’s Rapid Increase Should Compel Crypto Investors to Own Gold, Says Top Miner
13.2.2021
Sandeep Biswas, chief executive officer of Newcrest Mining, one of the world’s biggest gold miners, has said that the sharp increase in bitcoin prices should compel crypto investors to hold gold as a safe-haven asset. In a Feb. 11 interview with Bloomberg TV, Biswas criticized bitcoin’s...
Digital Gold: How Should Financial Advisors Be Thinking About Bitcoin?
6.2.2021
Is Bitcoin digital gold? In this episode of ‘On Purpose, With Tyrone Ross,’ we dig into bitcoin narratives as financial advisors see them and explore the concept of bitcoin as a store of value