Over the past few months, we have seen both economic and political uncertainty across the globe. With this, equity indices have come under pressure.Yet, amid this volatility, two assets stand tall: Gold and Bitcoin.
In times of uncertainty, investors naturally move away from riskier assets such as equities and seek the safety of assets that can preserve value. For centuries, gold has been that safe haven, protecting wealth against inflation and systemic shocks. Lately, Bitcoin has joined that category, emerging as an alternative for investors looking to hedge against uncertainty in an increasingly digital world.
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PARALLELS BETWEEN GOLD AND BITCOIN
At first glance, the two may seem worlds apart, one is physical, the other digital. Yet their core traits are very similar.
Firstly, both assets are limited in supply and independent of government control.
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