Surging Bitcoin not a threat to gold: WGC

The meteoric rise of Bitcoin late 2020 and early 2021 spawned a flurry of articles dubbing it the “new gold”, but the World Gold Council insists the cryptocurrency poses no threat to the yellow metal.

Surging Bitcoin not a threat to gold: WGC Surging Bitcoin not a threat to gold: WGC Surging Bitcoin not a threat to gold: WGC Surging Bitcoin not a threat to gold: WGC Surging Bitcoin not a threat to gold: WGC

Bitcoin is no threat to gold, says the WGC

Speaking at the virtual World Gold Forum, the WGC's chief market strategist John Reade said while cryptocurrencies were "potentially very interesting and exciting […] we don't think that