Is Bitcoin turning out to be better than Gold?

‘‘Safe Haven’, ‘Digital Gold’, ’Backup Asset’ are all the adjectives used to describe Bitcoin in 2016. The reason behind these is fairly simple and intuitive. In the face of Geo-Political crises, which led to economic turmoil across the globe, Bitcoin came to the rescue for many investors. Traditionally Gold has been the safe haven for such kind of market turmoil. The primary reasons for it are the scarcity of Gold and its non-correlation with other assets. With the cryptocurrency’s limited supply and ease in transactions, it has literally gained the name and status of ‘Digital Gold’.’
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