At the time of writing, Bitcoin prices reached an all-time high of more than $17,200 dollars, whereas over the past few months the gold price remained close to $1,200 per troy ounce. Moreover, when we have a look at recent data from Google Trends, we can see that “buy bitcoin” has become a more popular search term than “buy gold”. Even the followers of former member of the U.S. House of Representatives Ron Paul (an avid gold bug) have shown in a recent poll on Twitter to prefer Bitcoin over gold as a store of value.

Source: Twitter

Bitcoin as a Means of Payment?

Bitcoin as a Store of Value

Are Cryptocurrencies Safe Havens?

Source: Bitinfocharts


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