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2019-06-06 17:40:20

Bitcoin ‘Corrupted’, Worse Than ‘Creation of God’ Gold: Gabelli Analyst

By CCN: Long before bitcoin rocketed past the price of gold in March 2017, crypto believers had touted BTC’s ability to replace gold in an increasingly digital world. Goldbugs, on the other hand, maintain that no technology can ever replace the yellow metal. Bitcoin is ‘Corrupted’ While Gold Is a ‘Creation of God’ Speaking in an interview with Kitco News, Chris Mancini, an analyst at Gabelli Gold Funds, discussed the safe-haven status of bitcoin. He argued that the “corrupted” asset could never replace gold. “The big picture is that bitcoin has been corrupted because it is a creation of man The post Bitcoin ‘Corrupted’, Worse Than ‘Creation of God’ Gold: Gabelli Analyst appeared first on CCN