Gold vs Bitcoin: Battle heats up with gold-backed stablecoin

The battle of gold vs bitcoin continues to heat up as cryptocurrency enthusiasts increasingly describe bitcoin as “digital gold.” Now one firm has developed a cryptocurrency that’s backed by gold, which heats up the gold vs bitcoin debate even further.Q2 2020 hedge fund letters, conferences and moreIn an interview with ValueWalk, Digix co-founder Shaun Djie provided his predictions for the gold price and the benefits of holding gold vs bitcoin.Devere Group CEO Nigel Green went so far as to say that bitcoin will replace gold as the go-to safe haven asset within a generation. However, there are …

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