The media is comparing the gains on gold, a safe haven physical asset that stores value, to the gains on Bitcoin, a highly speculative digital asset with no value. A far more relevant comparison is Bitcoin to other highly speculative assets, like money-losing momentum stocks.

by Peter Schiff
The media is comparing the gains on #gold, a safe haven physical asset that stores value, to the gains on #Bitcoin, a highly speculative digital asset with no value. A far more relevant comparison is Bitcoin to other highly speculative assets, like money-losing momentum stocks.

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Bitcoin (BTC) $ 28,316.59 2.00%
Ethereum (ETH) $ 1,802.53 3.30%
Litecoin (LTC) $ 81.47 3.96%
Bitcoin Cash (BCH) $ 132.81 2.71%