Bitcoin's 2020 surge could be set to continue as the digital cryptocurrency better competes with gold as an "alternative" currency, JPMorgan said in a note on Friday.
Gold is not a alternative currency... It is the only true money in the world. Paper money and also crypto is just a IOU. Look on any US bill at the top it says Federal Reserve Note. Note means IOU. GOLD has been money since the beginning of time. But feel free to be sheared like sheep. But do yourself a favor. Go on the internet and search WHEN MONEY DIES its a free download and not that thick a book. Download it and have a read. Since 1971 when Nixon closed the gold window the USD has lost 98%of its value against gold. $35a Oz in 71 and $1900 today. You do the math