Cryptocurrency VS gold | Which is better!?
As inflation rages and touches 40-year highs, investors are looking for anything to mitigate its effects on their portfolios. In such times, investors often turn to commodities, in particular gold, which has a long history as an inflation hedge. More recently, some traders have been touting Bitcoin and other cryptocurrencies as alternative ways to hedge inflation. Is one better than another?
Here’s the upshot: Gold beats Bitcoin as an inflation hedge for a variety of reasons. In fact, many experts don’t view Bitcoin or other cryptocurrencies as an inflation hedge, at least not yet.
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𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬…?
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