Is the gold vs bitcoin debate still a thing?
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Analysts at JP Morgan believe capital inflow in Bitcoin could exceed private sector investment in Gold, estimated at $2.7 trillion. Gold has serious uses in the economy, Central banks use gold, and many investment banks and hedge funds allocate gold in their portfolios and vaults. As a store of value and safe haven, there is no question at the moment gold is the clear winner. If you are looking for the high beta play then Bitcoin could be your answer but for stability, there's no contest. Gold is just under flat at the. moment but Bitcoin is currently running -59% down on the year. There are some correlations in the way the two assets move but when the going gets tough Bitcoin's losses are very volatile. Source