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Is Bitcoin Truly "Digital Gold"? 3 Ways the Leading Cryptocurrency Diverges From the Most Popular Inflation Hedge

The Motley Fool
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68% Informative

There's a narrative that says Bitcoin is a great hedge against inflation, like gold.

But there are a handful of key differences between Bitcoin and real gold.

Gold has been in use as a store of value for thousands of years .

Bitcoin isn't a proven asset for the task yet.

It hasn't yet outlasted any of the currencies it's exchangeable for.

Stock Advisor’s total average return is 907% — a market-crushing outperformance compared to 163% for the S&P 500.

Or when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 714,958 !.

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