The world’s largest Cryptocurrency, Bitcoin (BTC), has been compared time and again with gold. Both of these assets share similar properties, which have further driven the community to call bitcoin “digital gold.” Woe a limited delivery. While Bitcoin has a delivery of 21 million coins, gold is a limited resource that is expensive to break. The duo is considered a store with value assets, as BTC and gold, and a prominent hedge against inflation. Investors compare these assets to see which are safer and more rewarding. On the one hand, gold has been regarded as a fairly safe asset with low volatility. Bitcoin, on the other hand, has seen a significant increase in recent years but has recently started to come out of his childhood.
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Bitcoin vs gold chart
At the same time, gold has also seen a remarkable increase in recent years. Currently, access is priced at $ 3,329.02. Only over the past five years, Gold has risen by almost 90%. The asset acted to a low of $ 1,100 back in 2010.
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Weighs out the profits
Bitcoin has dramatically exceeded gold as an investment supply over the past 15 years. An investment of $ 2,000 in Bitcoin back in 2010, when the price was a small $ 0.08, would be worth $ 2.78 billion today. In the same way, if an investor poured $ 2,000 into gold back in 2010, they would have secured 1.67 ounces. This is now valued at $ 5.548 with gold currently priced at $ 3,329.