Bitcoin vs. Gold: State Street befürchtet, dass der Reiz der Krypto-Rallye Edelmetallinvestoren ablenkt

tldr; State Street Global Advisors’ George Milling-Stanley expresses concern that the recent bitcoin rally is distracting investors from the stability of gold. He argues that bitcoin is primarily a return play, lacking the safety qualities of gold. As the SPDR Gold Shares ETF celebrates its 20th anniversary, Milling-Stanley highlights gold’s long-term value, noting its price increase over the years. He warns that the allure of cryptocurrencies may be misleading, suggesting that terms like ‘mining’ are used to mimic gold’s appeal.

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Digital gold vs. The real gold