As the Middle East goes up in flames, Bitcoin stumbles. Gold, on the other hand, sparkles like a Napoleon found under a mattress.
African economies, facing major economic challenges, are turning to gold to reduce their dependence on international currencies, especially the dollar. This movement, observed in several countries on the continent, aims to diversify currency reserves and mitigate risks linked to global economic fluctuations
Arthur Hayes, co-founder of BitMEX and iconic figure in the crypto sector, has just stirred up controversy by asserting that Bitcoin is superior to gold as a safe haven asset. In a sharp blog post titled "Zoom Out," Hayes elaborates on his argument by highlighting the technological and economic advantages of Bitcoin over the precious metal.