Mt Gox more valuable than Swiss Gold Reserves

in #brainfeed5 years ago

MT Gox the failed exchange still caught up in legal disputes, has more BTC then the gold reserves of the Swiss.

When looking at the rest of the gold reserves, the size of the crypto market starts to make sense.
As more investors pour in each day, the value of crypto could soon surpass global gold reserves.

Which raises the question, why cryptos are compared in value to the US$, why not benchmark to gold, perhaps the most stable benchmark we have?

Time will tell

https://coingape.com/mtgox-currently-controls-bigger-bitcoin-market-share-than-the-gold-reserves-of-the-swiss-central-bank/

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