Over the past few years, there has been a battle between commodities like Bitcoin (virtual commodity) vs Gold.
People have already started to think about both Bitcoin vs Gold and want to invest so they can make a good fortune out of it.
People resist going with Bitcoin because of its volatility, in short, its ups and downs shock its buyers. While Gold is not much volatile and has a good stable value.
The following graph clearly shows the volatility rate of Bitcoin as well as Gold.
Business investors finds Bitcoin a safe haven because it is not tied up with one currency or central bank, like gold. There’s one key difference:
Gold has been much stabler than bitcoin.
As we can see in chart from Statista, which is based on data from Coindesk and onvista.