Bitcoin and Gold Are Brothers in Spirit

If fiat currencies were solid, there would be no real investment case for bitcoin or gold. But our monetary system is anything but sound, Ronald-Peter Stoeferle from the Liechtenstein-based asset manager Incrementum said in an interview with finews.com.

A good combination?

We certainly made some headlines with our investment fund that mixes crypto and gold. But for us, the combination is clear. Both bitcoin and gold share the characteristic that they are both limited in quantity. Bitcoin is even a scarcer asset than gold in this respect. In times of inflation and excessive monetary expansion, such hard assets are the appropriate antidote. The big difference between the two is volatility and the associated risk. However, should Bitcoin continue to establish itself and find more and more use, it will certainly survive the current crash and will certainly be at new highs in a few years. It is therefore definitely worthwhile to play off the strengths and weaknesses of both assets against each other and to profit from both.

 

Bitcoin and Gold Are Brothers in Spirit | finews.ch.

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