Nasdaq Bitcoin vs Gold article breakdown and link.
An article on Nasdaq's website highlights how Bitcoin is better than gold for individuals getting and holding it themselves as a store of value vs gold. This comes after Xetra-Gold that is backed by the Deutsche Bank in Germany currently with the highest credit rating of any bank in the world, failed to deliver the physical gold to an investor after the investor had requested it.
The article goes further and explains that Bitcoin is much easier and cheaper to store than gold. Then explaining how gold is difficult to transport and to verify its purity with the naked eye as it can be faked or diluted by other metals. The volatility of gold is compared as well stating that gold also has pump and dumps and has had drops or increases in price as much as 30% within hours. Anyone who really knows how markets work will already know this and is seen as an opportunity for traders and investors. The article ends with a point that institutional investors should consider Bitcoin over gold as it will give them the ability to hold it themselves.
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