Own bitcoin and gold as inflation returns
Mar 26, 2021
3 minutes
Charlie Morris Investment columnist
An increasing number of investors believe that cryptocurrency bitcoin has become an institutional-grade asset class – I agree. Some even believe that bitcoin replaces gold’s function in a portfolio. But with that, I disagree. Here’s why I believe that investors should own both – particularly in an inflationary environment.
Bitcoin’s recent strength reflects an exciting new digital financial world which isn’t going away. By owning bitcoin, you are exposed to that growth, and own a digital “hard” asset. With ever-fewer bitcoins being created in the future
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