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) $ 28,408.61 4.50%
Ethereum (ETH) $ 1,725.89 2.34%
Litecoin (LTC) $ 67.55 0.67%
Bitcoin Cash (BCH) $ 246.52 4.04%