The article's premise is that people want to buy gold and Bitcoin because they are both stores of value and they're bearer assets, which means that you don't need a third party to store them for you.
That seems... somewhat suspect as an explanation, given that most people who have substantial holdings in either store them with a third party. I think that there's not much in common between most current gold holders (who are looking to hedge against drops in other markets), and current crypto holders, who are often speculators,hoping for big returns on investment.
That seems... somewhat suspect as an explanation, given that most people who have substantial holdings in either store them with a third party. I think that there's not much in common between most current gold holders (who are looking to hedge against drops in other markets), and current crypto holders, who are often speculators,hoping for big returns on investment.