Crypto Currency Vs Gold: Which is A Better Investment?

Bitcoin is a limited digital asset, as after the 21 million are mined (predicted to be in 2140), there will never be more Bitcoin released. This makes it similar to gold in terms of scarcity. Gold is an asset that will eventually deplete regardless of how many nuggets we capitalise. Easy mining of gold will run out by approximately 2050.

There are at least two assets that are independent from the government: crypto currencies and gold. Experts believe that, while digital assets and gold may be volatile, they both have been proven to retain monetary value. Prices of both of these assets appreciate or depreciate based on demand and supply.

In the case of fiat money, bank deposits can be depreciated due to inflation controlled by the government. Not only be depreciated, but also be withdrawn or frozen under some invented grounds.

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