Grayscale Research: Bitcoin is the new gold for modern investors

According to a recent study released by Grayscale, the US digital asset management company, bitcoin will continue to threaten and replace gold as the ultimate monetary asset as currency and payment systems evolve. The report further compares the utility and characteristics of Bitcoin and gold, as well as seven factors of currency, namely scarcity, verifiability, persistence, portability, severability, substitutability and recognizability.