Can gold and Bitcoin coexist? Goldman Sachs says yes

Can gold and Bitcoin coexist? Goldman Sachs says yes
Global investors cut gold exposure in favor of Bitcoin, but does the digital coin have any chance to cannibalize gold?
Bitcoin’s ( BTC ) parabolic surge in 2020 will not hurt major traditional assets like gold, according to Goldman Sachs.
One of the world’s biggest investment banks, Goldman Sachs reportedly sent a note to investors, reassuring its clients that Bitcoin does not pose an existential threat to gold, Bloomberg reports Dec. 18. “We …

Original Source