Cryptocurrencies: New Gold or Fool's Gold?
October 26, 2017
Although Bitcoin’s strong price performance has gained ubiquitous media coverage, there are still concerns as to whether cryptocurrencies are a long-term investment or a speculative asset. Sprott Asset Management’s Edward Coyne, Executive Vice President, National Sales, and Trey Reik, Senior Portfolio Manager and Precious Metals, explain the differences between gold and bitcoin. They discuss how gold still holds great importance in an investment portfolio, and why Bitcoin may not be a safe investment choice.
In this timely webinar, Ed Coyne and Trey Reik look at Gold versus Bitcoin, and discuss:
- Investment merits in a modern portfolio
- Exploration of similarities and differences
- The future of digital gold
Insights from Sprott
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