In which asset class would you direct $10,000 in investment capital – bitcoin or gold? There’s one condition. You can’t touch the funds for 10 long years.
According to a Twitter poll crafted by former U.S. Rep. Ron Paul, bitcoin and gold are the top choices, with the leading cryptocurrency having overtaken the precious metal as the investment of choice with more than 55% of the vote. Gold, which earlier in the day was leading, puts up a good showing at 37%. The rest of the votes were spread across the 10-year U.S. Treasury bond, which is yielding less than 2%, and Federal Reserve notes at 6% and 2%, respectively.
Before bitcoin took the lead, Paul’s followers sharpened their knives against gold investors on the Twitter thread, showing a clear preference for crypto.