Here’s What It Would Take for Bitcoin to Overtake Gold
Bitcoin (CRYPTO: BTC) Boosters often call the cryptocurrency "digital gold" due to its scarcity and finite supply. However, might it potentially surpass the total value of all circulating physical gold one day? This has a higher probability than it initially seems. In fact, it could very well be unavoidable. For this scenario to become reality, these conditions must be met. Where should you put your $1,000 investment at this moment? Our analysis team has just disclosed what they consider to be the 10 best stocks to buy right now. Learn More » Mathematics is the smallest aspect of this formula. For Bitcoin to surpass gold, it would have to increase significantly in value, yet this isn’t as significant as it might appear. Today, Bitcoin's market cap Is nearing $1.7 trillion. Currently, the overall market capitalization of gold stands around $20.1 trillion according to current pricing. Consequently, B...