Thoughts On The Gold Versus Bitcoin Debate As An Investment – Mike Swanson (05/26/2020)

A debate has been raging for the past few years on whether gold is better than Bitcoin as an investment or whether crypto will in time displace paper currencies as money and the US dollar as a safe haven.

I have been a critic of this idea, but last week I bought Bitcoin for the very first time. The reason why and my experience doing so gives us a good lesson into the long-term viability of Bitcoin and its real function in the financial markets right now.

In the end the best way to beat the stock market is be in the top stock picks beating the market. My top stock pick of the past two months has beaten the performance of Bitcoin for the past twelve months and I believe will simply continue to do so going forward.

-Mike



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