Common Sense Financial Podcast: Mindset & Growth
Is Bitcoin the New Gold or a New Safe Haven?
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:11:09
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Sinopsis
Gold has been a source of wealth for thousands of years and a safe haven in uncertain times, but with cryptocurrencies like Bitcoin coming onto the scene, is that about to change? Before we can answer that question, we need to understand the history of the US dollar and how gold has fared over the past 100 years to get an idea what the future may hold. Find out what makes Bitcoin so special and why it may be the gold of the 21st century. A growing number of people believe Bitcoin and other cryptocurrencies could soon replace gold as a safe haven against a depreciating dollar. Compared to the other cryptocurrencies, one of the unique features that sets Bitcoin apart is the fact that the total supply is structurally restricted to 21 million coins. This is a hard cap on the total amount of Bitcoins that will ever be in existence and is one of the reasons why so many investors are bullish on the future value of Bitcoin. Bitcoin has been often compared to gold. Gold has been used to store value during uncertain t