World Gold Council Blinks, Claims Bitcoin’s ‘No Replacement for Gold’37.2

By CCN: Gold may have a value of $7.8 trillion, but it isn’t happy about giving any of that up to bitcoin, the latter of which has a market cap of $97.2 billion. A day after Grayscale unleashed its “Drop Gold promotion, a TV commercial that garnered 100,000 views in less than 24 hours, the World Gold Council is clapping back. Gold’s reputation as a store of value has gone pretty much uncontested for thousands of years – until bitcoin, which has earned the reputation as digital gold in addition to its use case as a currency. In a tweet,

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https://www.ccn.com/world-gold-council-blinks-bitcoin

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