Financial Planning

Which Asset Is a Better Safe Haven During War? Bitcoin or Gold?

Not all assets have the same advantages. But gold and Bitcoin are two of the best when it comes to protecting your wealth.

Alex Bentley
Money vs. Machine
Published in
5 min readFeb 27, 2022

--

Bitcoin vs. Gold. Which is a better safe haven during war? (Photo: Tokeneo)

The sparkling yellow metal needs no introduction.

For millennia, gold has been the most valuable metal in existence. Kings and ordinary men and women have hoarded, admired and fought over the world’s most popular asset.

But with innocent lives and safety threatened from the 2022 Russia and Ukraine war, one crypto asset is hot on the heels of gold.

On Twitter, Ukraine’s government announced they are accepting cryptocurrency donations. As Bitcoin, Ethereum and Tether while posting their official wallet addresses for each.

Bitcoin Magazine also posted a chart, showing that the price of BTC was pumping while gold was plummeting.

--

--

Alex Bentley
Money vs. Machine

I write about crypto, personal finance, business & tech. Also, I publish a bit of humor to make you laugh.