Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Opinion: Although Bitcoin is an emerging alternative in the eyes of some investors, gold is more reliable
2025-09-18 11:33

Odaily Planet Daily reports that Ryan McIntyre, senior managing partner of asset management firm Sprott, discussed whether cryptocurrencies like Bitcoin could replace gold as a store of value. While Bitcoin has become a rising alternative for some investors, he acknowledged that gold has a proven historical position spanning thousands of years. More importantly, gold is a real, tangible asset, independent of any financial institution or system. This physical property makes it more reliable. (Caixin.com)