BITCOIN AND GOLD. WHAT IS THE DIFFERENCE

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”.