Ray Dalio calls Bitcoin ‘gold for the young’.
Bitcoin effectively serves as an alternative to gold for the younger generation. The blockchain revolution is inevitable, but some governments may outlaw it, billionaire Ray Dalio said.
Ray Dalio calls Bitcoin ‘gold for the young’.
Bitcoin effectively serves as an alternative to gold for the younger generation. The blockchain revolution is inevitable, but some governments may outlaw it, billionaire Ray Dalio said.
Jack Dorsey Warned About Inflation, and Michael Saylor Saw Salvation in Bitcoin
Jack Dorsey pointed to signs of approaching hyperinflation that “will change everything around.” He predicted that it would soon manifest itself in the United States, then in the world.
Opinion: Bitcoin and gold are not competitors to each other
Pavel Grachev, head of Polyus, Russia's largest gold mining company, does not regard the comparison between bitcoin and gold as correct.
Gold-backed stablecoin set to launch on the Cardano network
A Cardano-focused startup MELD, in partnership with Nigerian mobile operator Tingo Holdings and tokenization services provider Ubuntu Tribe, announced the creation of a gold-backed stablecoin.
Bill Miller’s fund flags potential for Bitcoin to become digital gold
Society is at an early stage of Bitcoin adoption, with its capitalization set to match gold's overall market value, according to the Miller Opportunity Trust report to the SEC.
Billionaire John Paulson calls cryptocurrencies a bubble
John Paulson, famed for his successful bet against the mortgage-backed securities market in 2007, told Bloomberg in an interview that cryptocurrencies are a bubble that will become worthless.
Opinion: Bitcoin volatility raises the appeal of gold investments
Bitcoin has not yet reached the maturity to compete with gold as a safe-haven asset. Evolution Mining's chief executive Jake Klein said this on CNBC.
Global precious metals retailer Kitco to launch gold-backed stablecoin
The Canadian company Kitco, a global retailer of precious metals, announced the launch of a gold-backed stablecoin. CoinDesk reports, citing the firm's press release.
SkyBridge Capital urges investors to hold onto Bitcoin
The SkyBridge Capital chief investment officer, Troy Gajewski, urged keeping Bitcoin in the portfolio, despite gold's strong prospects.
Goldman Sachs likens Bitcoin to copper
The concept of digital gold does not fit the first cryptocurrency, which is more like copper, according to Jeff Currie, Goldman Sachs' head of commodities research, in an interview with CNBC.
Societe Generale finds no place for Bitcoin in investment portfolios
Choppy Bitcoin price swings have raised questions about its inclusion in an investment portfolio, while gold continues to play the role of a hedge against inflation and a stock-market crash. This is the view of Societe Generale analysts, CNBC reports.We use cookies to improve the quality of our service.
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