Is Gold Is Superior To Bitcoin?

“Bitcoin needs gold to exist,” writes Sebag. “Gold doesn’t need Bitcoin to exist.”

While Sebag is splitting hairs here – after all, bitcoin, as a digital asset, is invisible, tasteless, and odorless while gold is a physical object you can wear around your neck – his point is simply that we shouldn’t yet discount gold as a valuable asset.

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The market, obviously, would agree, with gold trading well above $1,000 an ounce. Just how much we should own as an investment, however, is still a tough call,

Gold is evergreen for forex brokers or newly minted bitcoin trading, people will always invest in Gold than buy bitcoins