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Cryptocurrency

Can Bitcoin be the new gold? (Answer key: All that glitters is not…)

Can Bitcoin be the new gold? (Answer key: All that glitters is not…)
Can Bitcoin be the new gold? (Answer key: All that glitters is not…)
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Synopsis

There have been conversations around how Bitcoin, like gold, could be a strategic reserve. But there’s many a slip between the cup and the lip.

Ask any Bitcoiner, a coinage used for those who own Bitcoin, and they will waste no time reasoning why the OG digital currency is like gold, or even better. These voices have been gaining decibel after the US elected crypto-friendly Donald Trump to be its next president. There are three strong reasons behind the above-mentioned belief: # The cryptocurrency has performed better than most indices in the last one year. Compared to Bitcoin’s 142%,
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The Economic Times
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