Gold and Bitcoin both have remarkable but very different economic histories. Gold, a precious metal, has been used as currency and a store of value since Antiquity. Its official price was fixed at $35 an ounce in 1934 (Bretton Woods) until the end of the dollar's convertibility in 1971, then it fluctuated freely on the markets. In fact, gold has crossed many currencies (from the gold of ancient Egypt to the bars held by central banks) and remains today a traditional safe haven asset.
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