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BNY Mellon Report Compares Bitcoin and Gold, Study Says ‘Gold Is the Only Globally Accepted Currency’

BNY Mellon Report Compares Bitcoin and Gold, Study Says ‘Gold Is the Only Globally Accepted Currency



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  1. tldr; BNY Mellon has published a study on the attributes of the crypto asset bitcoin and the precious metal gold. The study said that bitcoin “fits the description of a nascent currency” and that gold is a “worthy role model” for bitcoin. However, BNY Mellon is planning to “hold, transfer, and issue” bitcoin in February 2021.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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