BITCOIN AND GOLD. WHAT IS THE DIFFERENCE

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Bitcoin is not gold, but something unites them, said the World Gold Council (WGC). Bitcoin is often compared to gold because of its success as a means of value store. In the financial world, this sentiment intensified on the back of a many times growth in the bitcoin cost, while gold had a thirteen percent growth in cost. The Council estimates that the daily trade in gold reaches $250 billion, while bitcoin has about $ 2billion. Now in the gold market, various players are exploring Blockchain in the context of turning gold into a “digital asset”.

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