The better investment: gold or cryptocurrency?

Scoutinsights
1 min readDec 7, 2022

Vitalik buterin, Co-founder of Ethereum took the same question and talked about it explaining the pros and cons by comparing Gold and Crypto.
But We have some different views on the matter.

Let’s take a look at Insights.

Gold vs Cryptocurrency

BITCOIN IS DIGITAL GOLD

Bitcoin is digital gold as per the crypto Masters. But after the crashes, the price diminished very drastically creating doubts, about the so-called digital Gold.

Vitalik Buterin, recently asserted in a Twitter thread that “crypto is the better bet” in comparison to gold. And it implies that, in a time of market uncertainty, bitcoin may very well be a better investment than gold. Has Buterin made a valid point?

Buterin further claimed that using gold for business purposes is “inconvenient” and “complicated.”

According to Buterin, gold “has less adoption” than cryptocurrencies.

For a Detailed View.

For the Video

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