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One Bitcoin now buys 0.6 kilograms of gold as 10-year returns turn negative cointelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cointelegraph.com Daily Mail and Mail on Sunday newspapers.
Bitcoin Tops $58k, More Valuable Than A Kilo Of Gold zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
Bitcoin Is Fool s Gold, Peter Schiff Says: It s Never Going To Be Money KEY POINTS He warned investors against buying Bitcoin, which he claimed has no value He encouraged investors to instead buy gold as a hedge against inflation Bitcoin dropping from $41,000 to just above $30,000 gave enough room for some of its biggest detractors to criticize the dominant cryptocurrency and its volatility. In a recent interview, Peter Schiff, CEO of Euro Pacific Capital, called Bitcoin and cryptocurrency investors fools. “All Bitcoin is is the latest iteration of fool’s gold and anybody buying it is ultimately a fool,” he told Fox Business “Making Money with Charles Payne,” days after Bitcoin retreated from its new all-time high of $41,940. ....