Tag: Gold
Anthony Pompliano: Bitcoin Is Superior to Gold
At press time, bitcoin has spiked beyond the $11,000 mark and is trading for roughly $11,725. A few hundred dollars more and we’ll be at…
Bitcoin Might Replace Gold: Nick Szabo
According to popular cryptographer Nick Szabo, Central Banks might resort to cryptocurrency reserves as means of supplementing national gold reserves. The industry expert also thinks…
JP Morgan Using Ethereum-Powered Blockchain for Tokenizing Gold
One of the largest banks in the world, JP Morgan, is using an Ethereum-based blockchain, Quorum, to tokenize assets like gold. Quoram Enterprise Blockchain JP Morgan,…
Bitcoin Trading Outperforms Stocks Despite Range-Bound Momentum
Investing in 2018 has become somewhat of a troublesome venture. It is difficult to find any market that has performed quite well for an extended…
Bitcoin ‘Does Not and Will Not Challenge Gold’ Says Morningstar Investment Analyst
While many in the industry believe that Bitcoin will surpass gold in terms of investment and popularity, an analyst at Morningstar is not so sure.…
Pegging Cryptocurrencies to Gold Will Reduce Volatility, Kinesis CEO Claims
Cryptocurrencies are notoriously volatile. Their values fluctuate on a nearly daily basis, either for better or worse. Solving this problem will be challenging. According to…
Bitcoin Mining Uses a Lot of Energy, But Gold Mining Uses 20x More
The production of Bitcoin through mining is an energy-intensive process – a fact which many critics are quick to point out. Compared to mining gold,…
Central Bank Innovation Will Mainly Hinge on Gold and Bitcoin
Financial institutions are looking for ways to expose clients to new assets. Gold and precious metals have always made their mark in this regard. Bitcoin…
‘Rich Dad Poor Dad’ Author: Cryptocurrency is the ‘People’s Money’
“Rich Dad Poor Dad” author Robert Kiyosaki is an enthusiastic supporter of cryptocurrency, calling it the “people’s money.” Robert Kiyosaki is no stranger to the…
