John Mulligan
Head of Sustainability Strategy World Gold CouncilGold and crypto mining; power and emissions
There has recently been a lot of discussion and debate around the possible similarities and differences of gold and Bitcoin (and, by implication, other cryptocurrencies), and this has often included consideration of their relative environmental impacts and, specifically, their carbon footprints.
Adam Perlaky
Former Senior Analyst, Americas World Gold CouncilCryptocurrencies are no replacement for gold
We often get asked about cryptocurrencies and whether they represent a potential replacement for gold, as well as what role, if any, bitcoin should play in a portfolio.
Gold in Islamic finance
Quick summary of some recent consumer research of retail investors across Turkey, Saudi Arabia, United Arab Emirates and Malaysia
Ken Rogoff
Professor of Economics and Public Policy Harvard UniversityThe curse of cash and the allure of gold
In his book The Curse of Cash, leading economist Ken Rogoff suggests that excessive reliance on paper money is responsible for ills ranging from tax evasion to terrorism. He also believes that monetary policy would be more effective in a largely cashless society. Cryptocurrencies are not an effective replacement for paper money, he says, but gold’s role is likely to increase as cash fades from view.
World Gold Council
The experts on goldInvestment Update: Cryptocurrencies are not a safe-haven
In Q4 2018, as global stock markets experienced their worst quarter since 2009, cryptocurrencies had a prime opportunity to demonstrate qualities associated with safe havens like gold. However, cryptocurrencies, such as bitcoin, behaved like risky assets and fell while gold rallied.
