Gold-backed stablecoins to end gold and Bitcoin war, claims report

2019-9-3 00:30

Bitcoin has gone through a near-impossible feat of convincing global investors about its worth as the rightful replacement of gold, which has also led some to believe that “the demand for gold is adversely affected by the success of cryptocurrencies.

” The recent Crypto Research Report stated, “As of yet, the correlation between gold and Bitcoin […]

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Saylor says Bitcoin will ‘eat gold’ in the coming months

MicroStrategy executive chairman Michael Saylor predicted that Bitcoin will “eat gold” in the coming months because it is a far superior asset in every way. The MicroStrategy chair made the statement during a CNBC interview on March 11, where he added that Bitcoin was not only superior to gold but all conventional assets, including real […] The post Saylor says Bitcoin will ‘eat gold’ in the coming months appeared first on CryptoSlate.

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