Bitcoin Now Worth More Than Gold

Bitcoin Now Worth More Than Gold

77 zero hedge | by Tyler Durden  /  5h  //  keep unread  //  hide  //  preview

 

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UPDATE: ... And then Bitcoin collapses 13% minutes later...


It seems the growing tensions in Asia (Japan-China sabre-rattling and Indian capital controls) have prompted more great rotation out of fiat and into digital currency as China/India markets open. For the first time ever, the price of one unit of Bitcoin exceeds the price of an ounce of gold...


1 oz of Gold = $1241.98 (Bloomberg)


1 unit of Bitcoin = $1242.00 (Bitcoinwisdom.com)

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