Will Bitcoin Follow Gold And SkyRocket With EFT Approval?

Will Bitcoin Follow Gold And SkyRocket With EFT Approval?
фото показано с : cryptodaily.co.uk

2018-7-23 12:00

Gold is a tangible precious metal whereas Bitcoin is digital. The similarities between them run deep; they are both mined, one physically, the other digitally. Yet if we look closely at the history of gold, Bitcoin is displaying the same behaviour pattern as we’ve seen for gold.

Prices soared in 1971, when President Richard Nixon announced that the US dollar would no longer be backed by gold, as demand outstripped supply. A major development in March 2003 saw the first gold-backed ETF (Exchange Traded Fund) from the Australian Stock Exchange; the people behind this were the Rothchilds of Deutsche Bank.

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gold bitcoin exchange eft approval skyrocket follow

Источник: cryptodaily.co.uk

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