With Uncertainty, Fear, and Doubt big money moves to gold, that is a matter of fact. The more uncertainty the more money moves from traditional investments to what is tried and true a store of value. Political shocks result in demand increase for precious metals, and in the future we will see this leak into gold.

Bitcoin is not a currency, it is a commodity.

Mainstream adoption has been lagging, but with influx from the Asian markets, in coordination with recent events, we could see influx from the European markets as well. Coinbase, Bitstamp, Kraken all have EU regulatory approval now, so it is just a matter of time until the adoption scale begins to tip.

Look with the restricted supply of BTC, if 1% of the gold market moves their book to bitcoin, with the implied market cap being $90B that results in a price per coin of $7,692. Digital assets will be the future it is just a matter of time. I predict that overnight the price of bitcoin will skyrocket, with a fair amount of velocity over the course of the next week. We should see bitcoin rebound in price from the massive losses that were seen this week. The GBP/USD has already dropped 9% at the time of this post. That is a colossal shift, and that may not be the end of the carnage. GBP/JPY is down 13%, The pound is melting, and I predict in an effort to ward off the potential for more loss of value money will move to crypto.

However only time will tell. With the surge in Bitcoin and Blockchain in the finance markets lately, there has been significantly more interest and understanding, which is key for widespread adoption. Maybe I will be right, maybe I am wrong, but I smell a break through 800 this week. If I had to give one piece of knowledge that you should take away from this post especially with the sure shocks we will see over the next two years.

Gold is the tangible hedge of old.
Crypto is the digital hedge of new.