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
2: https://fortune.com/2020/10/26/jp-morgan-chase-bitcoin-predictions-analyst-jpm-cryptocurrency/
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4: https://www.bloomberg.com/news/articles/2017-09-12/jpmorgan-s-ceo-says-he-d-fire-traders-who-bet-on-fraud-bitcoin?sref=mv0jHfQg (19)
5: https://www.bloomberg.com/news/articles/2021-02-08/tesla-bets-1-5-billion-on-bitcoin-in-new-policy-crypto-surges?cmpid=socialflow-twitter-business&utm_campaign=socialflow-organic&utm_medium=social&utm_content=business&utm_source=twitter (20)
6: https://www.cnbc.com/2020/05/11/paul-tudor-jones-calls-bitcoin-a-great-speculation-says-he-has-almost-2percent-of-his-assets-in-it.html
7: https://www.economist.com/leaders/2021/01/09/what-explains-bitcoins-latest-boom
8: https://www.microstrategy.com/en/investor-relations/press/microstrategy-announces-over-1b-in-total-bitcoin-purchases-in-2020
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11:https://www.nytimes.com/2020/11/30/technology/bitcoin-record-price.html?searchResultPosition=9
https://www.occ.gov/news-issuances/news-releases/2020/nr-occ-2020-98.html
12: https://www.forbes.com/sites/benjaminpirus/2020/12/17/bitcoin-is-not-a-hedge-against-doomsday-scenarios-mark-cuban-says/?sh=66906b5b20ec
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15: https://www.buybitcoinworldwide.com/how-many-bitcoins-are-there/#:~:text=How%20Many%20Bitcoins%20Are%20There%20Now%20in%20Circulation%3F,adds%206.25%20bitcoins%20into%20circulation.
16: https://www.nytimes.com/2020/11/30/technology/bitcoin-record-price.html?searchResultPosition=9
17: 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.
18: https://www.economist.com/leaders/2021/01/09/what-explains-bitcoins-latest-boom
19: https://www.ft.com/content/608acefb-22ca-44e2-a438-2d874b37d695
20: https://www.forbes.com/sites/rogerhuang/2020/03/16/bitcoin-is-not-like-gold/?sh=2072981c2191
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.
21: https://www.cnbc.com/2021/01/09/what-experts-say-about-cryptocurrency-bitcoin-concerns.html
22: https://www.economist.com/leaders/2021/01/09/what-explains-bitcoins-latest-boom
23: https://www.ft.com/content/608acefb-22ca-44e2-a438-2d874b37d695
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25: https://www.economist.com/leaders/2021/01/09/what-explains-bitcoins-latest-boom
26: https://news.bitcoin.com/how-bitcoins-peer-to-peer-cash-system-was-revealed-11-years-ago/
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29: https://www.coindesk.com/crypto-use-in-terrorism-a-growing-problem-yellen-says
30: https://www.forbes.com/sites/benjaminpirus/2020/12/17/bitcoin-is-not-a-hedge-against-doomsday-scenarios-mark-cuban-says/?sh=66906b5b20ec
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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