Is BITCOIN the New GOLD? | Behind the Cryptocurrency Phenomenon | ENDEVR Explains

Is BITCOIN the New GOLD? | Behind the Cryptocurrency Phenomenon | ENDEVR Explains

Is BITCOIN the New GOLD | Behind the Cryptocurrency Phenomenon | Business Explainer Video

It seems like the sky’s the limit when it comes to Bitcoin. The cryptocurrency reached milestone after milestone in the last year and looks like it is finally leaving the fringes of the tech-savvy young public to conquer the financial market. Many young investors are starting to consider Bitcoin and other crypto coins as real alternatives to Gold, the oldest safe-haven investment in the world. But does it make sense to treat them as an alternative to good old Gold? In this video, we dive into the difference and similarities of gold and Bitcoin.

If you are interested in this video, you might also like to watch about fiat money, gold standard and more Crypto videos. Here:
https://www.youtube.com/playlist?list=PLaevADMuI9-GLC71kHSv_46tQGncKQ2CT

SOURCES
1 – https://www.coindesk.com/price/bitcoin
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https://www.occ.gov/news-issuances/news-releases/2020/nr-occ-2020-98.html
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https://www.forexlive.com/Education/!/bitcoin-vs-gold-is-bitcoin-the-digital-gold-20200729#:~:text=The%20similarities%20between%20gold%20and,produced%20by%20humans%2C%20only%20extracted.
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31: https://www.wsj.com/articles/the-case-for-and-against-investing-in-bitcoin-11610144242
32: https://www.nytimes.com/2021/01/29/your-money/bitcoin-wealth-investors.html?searchResultPosition=2
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