Bitcoin vs. gold: How do they stack up for investors?
As gold prices reach new heights, Bitcoin enthusiasts are exploring ways to invest in the precious metal, facing challenges along the way. Physical gold is available as jewelry, bars, and coins, but quality and liquidity issues concern many in the industry. Conversely, proponents of gold argue that it is easier to purchase compared to Bitcoin, which demands a steep learning curve for newcomers. Experts assert that buying Bitcoin is simpler and faster than acquiring gold, citing its constant availability and lack of storage costs. Physical gold involves additional fees for transportation, verification, and reselling. Critics point to self-custody of Bitcoin as a major hurdle, where investors must manage complex security codes or risk losing access. While some view Bitcoin and gold as competing assets, others see them as complementary, highlighting Bitcoin's transparency and liquidity in contrast to gold's historical value. As of the article's publication, gold is trading at $3,327—a 27% increase this year, while Bitcoin is down 10% at $84,525 after peaking at $110,000 in December 2024.
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