VanEck’s Expert: Bitcoin Has Outpaced Gold (XAU) Since 2011

VanEck’s Expert: Bitcoin Has Outpaced Gold (XAU) Since 2011

Gate Trade News Wednesday, March 25, 2020 116 0

Gabor Gurbacs from VanEck offered proof that BTC has been doing much better than gold. Gabor Gurbacs, a major expert on crypto at VanEck, has responded to Peter Schiff, offering facts contradictory to those tweeted by the head of Euro Pacific Capital to criticize Bitcoin again. Gurbacs also shared figures about XAU and BTC, stating that from 2011 gold(XAU) is down 13 percent. Unlike the traditional hedge tool, Bitcoin is ‘6,000 times +’ up from the same year, the VanEck’s expert said.