BITCOIN AS GOOD AS GOLD. WELL, ACTUALLY BETTER
If financial statistics are anything to go by, perhaps there should be a pot of bitcoins at the end of every rainbow as the cryptocurrency has outperformed gold for a second year running.
According to Forbes, the Bitcoin Investment Trust gained 1407.42%, while SPDR Gold Shares only increased by 11.93%. Yes, you read that right. However, both gold and Bitcoin grew more than the S&P 500 and 20-year US Treasury bonds. This is the second time in as many years that Bitcoin has pulled rank over both gold and Wall Street.
has been around for a short time compared to gold and fiat currencies, it already offers some important benefits.