Bloomberg analyst calls Bitcoin the ‘new version’ of Gold

posted 9 months ago
Bloomberg senior analyst Mike McGlone called Bitcoin an essential part of every investment portfolio. McGlone compared Bitcoin to a new version of gold, with the market favoring digitalization.

He said "Looking forward in a world going digital, I see Bitcoin is adding competition to gold. But I see Bitcoin should actually be in that same bucket because if you’re holding only gold, I feel it’s a little bit naked without Bitcoin."
Tags: news, opinion, bitcoin