Is cryptocurrency bitcoin a better asset than gold for hedge against inflation?
Batting in favour of cryptocurrencies, the expert mentioned 4 features that make bitcoins a better asset than gold
Cryptocurrency vs gold: Precious yellow metal and bitcoins are two assets that are independent from the government. Both gold and cryptocurrencies are limited assets and hence prices of both of these assets appreciate or depreciate based on its demand and supply. As cryptos have been giving stellar returns amid uncertainty in regulations, there is a debate going on whether gold would lose sheen in race against bitcoins.