The coronavirus crisis has shown us one thing: Bitcoin has one big advantage over gold. Namely, the cryptocurrency is still available to investors around the world. Or at least those who can "catch" the reach of the Internet. The same can no longer be said for bullion. Coronavirus crisis shows the downside of gold You may have recently wanted to buy some gold or silver coins. Of course, you know that this can be safely done with the help of professional stores. These are available online, so buying gold should not be difficult. However, it turns out otherwise. In March - when the world took its first hard hit from the Wuhan disease - buying gold and silver coins was virtually impossible. Online stores did not carry these types of investment products, and even if they did, you had to wait quite a long time for them, which in times of crisis and broken supply chains is fraught with risk. On the other hand, coins were available on auction sites such as Allegro, but at prices as much as 20 or 30 percent higher than the values readable on stock market charts. Today the situation is better, but the analysis of mint offers shows that there is still a shortage of coins. So if you want to invest in a historical safe haven, you have a big problem. Bitcoin can't be blocked The problem with breaking physical supply chains, however, does not apply to Bitcoin and other cryptocurrencies. To buy BTC you need access to a network and a bank account. At least currently, maybe someday the latter will also be eliminated from the process. So it's possible that some investors annoyed at the lack of gold on the market will start buying BTC. After all, some bullion fans, were already involved in the cryptocurrency market in 2017, during the bubble... You can always check the current exchange rate of Bitcoin and other cryptocurrencies in the bitcoin exchange rate and cryptocurrency exchange rate tabs on bitcoin.co.uk. Places where you can buy Bitcoin and other cryptocurrencies include BitBay.net cryptocurrency exchange. If you don't have an account on BitBay yet, this article will show you how you can create one efficiently: LINK. Tags bitcoin bitcoin gold btc gold
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