BlackRock Managing Director Robert Mitchnick recently stated that Bitcoin (BTC) holds much greater profit potential than gold, with lower associated risks.
However, he also noted that both gold and Bitcoin are rare, global, decentralized assets with limited supply.
Mitchnick emphasized that gold and Bitcoin shouldn’t be seen as direct competitors. Instead, both reflect a similar investment perspective—as hedges against national and traditional financial system risks.
Gold may have a long-standing history and relative stability, but Bitcoin offers advantages as a digital asset. It’s easy to store, transferable globally in seconds, and nearly cost-free.
He also observed a growing trend among investors increasing their Bitcoin holdings alongside gold.
“We’re seeing a shift from portfolios that were previously 100% gold to 80:20 or even 50:50 between gold and Bitcoin,” he said.
Disclaimer Alert: Not Financial Advice (NFA). Do Your Own Research (DYOR).
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