30 Sep Poll by UFC’s Askren: Majority Would HODL Bitcoin Over Gold
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A war has been raging between two cliques in the investment community — the Bitcoin bulls and the gold bugs.
Over the past few years, it has become a popular practice for cryptocurrency proponents to equate or liken Bitcoin to gold, citing the asset’s non-sovereign, decentralized, fungible, borderless, international, and scarce nature.
Related Reading: Data Shows That Bitcoin Price Still in Early Bull Run; Take a Look
Gold bugs have begged to differ. Libertarian Peter Schiff, notably, has proclaimed that unlike gold, BTC has no inherent value, and is thus a massive game of greater fool theory.
Ben Askren, a prominent UFC fighter that has stumbled across the world of cryptocurrencies, recently tried to set the record straight.
Bitcoin vs. Gold, A Poll
In a poll posed to his followers and the rest of the Twitter world on Friday, Askren asked if “someone gives you $10,000 that you can’t touch for 10 years, would you rather have the gift in gold, Bitcoin, or U.S. Treasury…
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