Jordan Eliseo, Manager Listed Products and Investment Research at The Perth Mint discusses the differences between gold vs Bitcoin, two asset classes that are often compared to each other.
Given the recent attention that cryptocurrencies have generated, there is an increasing number of investors wanting to understand and more fully appreciate the different investment merits of cryptocurrencies like Bitcoin vs gold and other more traditional safe havens.
While we can understand the enthusiasm that some investors have towards this growing assets class, it’s important that they also appreciate some of the key differences between cryptocurrencies and physical precious metals.
Jordan Eliseo from The Perth Mint explains in the video below.
Gold is significantly less volatile that Bitcoin and other cryptos.
Gold is substantially more liquid.
Gold has a longer and better established track record as a safe haven asset.
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