en.bitcoinsistemi.com
While the rivalry between Bitcoin (BTC) and gold has been going on for years, one analyst claims that Bitcoin could overtake gold within three years.
A leading American academic says Bitcoin is likely to outperform gold in the next three years.
Speaking on the New Era Finance podcast, leading US macroeconomist Lyn Alden said that Bitcoin is more likely to experience a greater price increase than gold in the next two to three years.
Lyn Alden added that if she had to bet between the two assets, she would choose Bitcoin.
“If someone held a gun to my head and I had to say which one performed better, I’d say Bitcoin.”
There’s usually a back-and-forth between the two. If gold has risen this much, the whole story of diminishing returns per cycle will disappear in the next cycle as well.”
Alden explained that market sentiment for gold was a little too euphoric after it reached an all-time high of approximately $5,608 in January. He added that the rise in gold was not a bubble.
In contrast, Alden argued that market perception of Bitcoin was unfairly negative.
In conclusion, Alden stated that he was not making definitive statements about the differences between the two assets, saying, “I try to avoid commenting too much on how certain these things are. Gold and Bitcoin can rise together, and they can fall together.”
*This is not investment advice.