Three reasons why Bitcoin won't be a substitute for gold - ConsultFX

Three reasons why Bitcoin won't be a substitute for gold

This according to Goldman Sachs' analyst notes on 11 Dec The argues that Bitcoin's market cap of $275 billion is easily dwarfed by gold's $8.3 trillion, and the lack of liquidity in Bitcoin means it will unlikely convince investors who are looking to diversify their assets or hedge - to move away from gold. Copyright 2015 Forexlive.com