Robert Mitchnick, Managing Director at BlackRock, recently stated that #bitcoin (BTC) offers significantly greater profit potential than gold, while also carrying less risk. While both assets are scarce, decentralized, and global in nature, he emphasized that they shouldn’t be seen as competitors.
Instead, Mitchnick sees Bitcoin and gold as complementary hedges against geopolitical and financial system risks. While gold is historically stable, Bitcoin excels as a digital asset—easily stored, quickly transferable worldwide, and with minimal fees.
He also noted a growing trend among investors shifting from 100% gold holdings to blended portfolios like 80:20 or 50:50 between gold and Bitcoin.