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Gold is a precious metal occuring in free form on Earth. It has been used for coin minting, jewelry and other arts since ancient times, and remains in use as an investment tool and raw resource in industrial production to this day. Bitcoin is often compared to gold, as they share a number of similarities, such as a highly limited supply and "mining", i.e. the necessity to spend significant resources in order to produce new units.
BTC to $1 million? Yes, says founder of Social Capital
Goldman Sachs’ Jeffrey Currie claims that Bitcoin and gold have different investor pools
Investors are selling gold and buying Bitcoin, says ACG Analytics head.
Bitcoin mining burns less energy than gold mining, fiat currencies and data centers.
Bitcoin for gold: APMEX now accepts Bitcoin payments, gives 4% price discount on purchases.
Bitcoin ain’t no dusty prospector, it is a Silver Surfer
JPMorgan starting to see Bitcoin as stable, reliable and a traditional asset class.
RT host Max Keiser believes Bitcoin will revolutionize the way we trade gold.
Bitcoin has surpassed the market cap of General Electric, which was once the largest company in the world, by $30 bln.
The feeling that Bitcoin is a giant taking over the world is unfounded, it has barely made a dent in a global market.
A bank with a modern twist is unsurprisingly backing Bitcoin.
Gold could become “global money” once more thanks to Bitcoin, a fund manager has said.
Bitcoin buying is beating gold on Google for the first time amid the precious metal’s six percent price slump.
Political uncertainty in the Middle East has risen to an all-time high, with Saudi Arabia arresting the richest Arab in the world, Prince Alwaleed bin Talal.
The UK Royal Mint gold tracking mechanism project was first unveiled as potential in 2016. The recent statement indicates the power of Blockchain technology.
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