Bitcoin will take market share away from gold in as digital assets become more widely adopted, Goldman Sachs analyst Zach Pandl said in. Cryptocurrencies such as Bitcoin are establishing themselves as an investment asset and are often named the New Gold. This study, however, shows that the two. Gold has been an asset that holds value over long periods and is used to hedge against market downturns. Bitcoin is young and unproven as an.

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Why bitcoin is not gold