Pfeffer Capital declares bitcoin 1st viable replacement for gold at Sohn

Speaking at the 23rd annual Sohn Investment Conference, John Pfeffer, partner at Pfeffer Capital said bitcoin [s:BTCUSD] is the first viable candidate to replace gold, saying its better "on every front." Pfeffer joins the Winklevoss twins as the latest prominent figure promoting bitcoin as the next global store …
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Could Bitcoin And Gold Benefit From Weakness In The Stock Market?

However, any such decline could potentially cause investors to panic, driving them to safe-haven assets like Bitcoin and gold. [Ed. note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.].
Google Alert – bitcoin