News That Matters
soap2day

Tag: bitcoin south african system

Is Gold Losing Its Sheen Thanks To Bitcoin’s Meteoric Rise?
Business

Is Gold Losing Its Sheen Thanks To Bitcoin’s Meteoric Rise?

The investing ecosystem saw probably its biggest change in the last hundred years thanks to the gains made by Bitcoins and other cryptocurrencies. Stable investors who valued gold, as one of the safest and strongest investment options, chose Bitcoin as their go-to investment in 2021. As you know, precious metals like gold have always enjoyed a stellar record and performance as investments. A big portion of their charm is thanks to their being used as hedges against rising inflation rates. However, with Bitcoin entering the hedge world, investors want to try something as a credible alternative to gold. There are multiple reasons why Bitcoin outshone gold in 2021. In this article, we will look at five major reasons for investors preferring Bitcoins to Gold as an investment. List of 5 Ma...
soap2day