Grayscale Report Revealed Bitcoin is Better Investment Option Than Gold And Fiat

  • The digital asset manager for global enterprise payments, Grayscale reveals Bitcoin as the best investment option at times of economic crisis.
  • A recent report released by this asset management company claims Bitcoin to be among the best assets investors can consider.
  •  Bitcoin performed as a better investment option than other assets, including fiat currencies, and gold according to the report.

The digital asset manager for global enterprise payments, Grayscale Investments reveals Bitcoin BTC as the best investment option at times of economic crisis. A recent report released by this asset management company claims Bitcoin to be among the best assets investors can consider. Additionally, Bitcoin performed as a better investment option than other assets, including fiat currencies, and gold according to the report.

Fiat Currencies are at the threat of devaluation

Investors have been in search of safer assets amidst the COVID-19 pandemic. The pandemic has sure shaken the world leaving no trace of hope in certain aspects however. Forbye, the digital world also seemed to be off its track at the beginning of the outbreak. Hence, there arose a need for investors to permutate their portfolios better and protect themselves from losses.

The report brings to attention the devaluation risks fiat currencies can face due to massive money printing by central banks. And hence, through fact, the report justifies the under-performance probability of government bonds.

In the same context, the leading digital currency asset manager performed an analysis of the traditional investment commodities. The traditional investment options including government bonds, gold, and fiat currencies.

Bitcoin (BTC) can prove a better hedge against uncontrolled money printing: Grayscale

Furthermore, Greyscale’s report stresses the differences between the gold spot and gold futures. In other words, it brings attention to how gold is facing troubles in reaching global trading centers, thereby causing delays in delivery. The graph below highlights the costs reach as high as $50 from $2.

On the contrary, the king crypto seems immune to the troubles the yellow metal is currently facing. Alongside that, Grayscale is of the opinion that Bitcoin can prove as a hedge against money printing.

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Bitcoin recently this month witnessed its third halving, thereby contributing to an increase in the king crypto’s price. Grayscale further stressing on the BTC’s performance, reveals that it has started to serve as a safer asset. 

The post Grayscale Report Revealed Bitcoin is Better Investment Option Than Gold And Fiat appeared first on CryptoSyringe: Cryptocurrency , Bitcoin, Ethereum & Blockchain News.


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