Bitcoin News

Story: Grant Cardone Warns Selling Bitcoin for Gold Could Cost Millions

By Maheen Hernandez

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Gold Surges Amid Market Uncertainty. Gold has risen more than 50% year-to-date, driven by concerns over the U.S.

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Scarcity: Bitcoin vs. Gold. Cardone argues that gold’s scarcity may be undermined by automation.

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Bitcoin Offers Superior Custody and Flexibility. Cardone highlighted another advantage of Bitcoin over gold: custody and usability.

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Real Estate Meets Bitcoin. Cardone has gone beyond advice, integrating Bitcoin into his real estate investment strategy.

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The Gold-Bitcoin Debate Continues. Cardone’s stance contrasts with other financial experts, such as Ray Dalio, who advocate a…

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Investor Takeaways. The debate between gold and Bitcoin highlights a broader question about innovation versus tradition.

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Conclusion. Grant Cardone’s warning serves as a reminder that digital assets like Bitcoin are not just…

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Real estate mogul and entrepreneur Grant Cardone has issued a strong warning to investors tempted by gold’s historic rally.

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While gold has reached record highs above $4,000 an ounce, Cardone believes Bitcoin remains the superior long-term store of value. “Don’t be stupid,” he advised.

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Gold has risen more than 50% year-to-date, driven by concerns over the U.S. dollar and potential economic slowdown.

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Despite the excitement around gold, Bitcoin recently achieved an all-time high of $126,000. Investor sentiment remains bullish, with surveys suggesting a majority believe BTC is…

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Cardone argues that gold’s scarcity may be undermined by automation. With advances in robotics, including Elon Musk’s Optimus robot, gold mining could become increasingly…

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“Once Elon’s Optimus works, you can dig 24/7, 365 with no payroll,” Cardone said. “The amount of gold we mine is limited to the number of people that can mine it.”

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In contrast, Bitcoin’s supply is capped at 21 million coins, ensuring programmed scarcity. The final Bitcoin is expected to be mined by 2093, reinforcing its long-term value…

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Cardone highlighted another advantage of Bitcoin over gold: custody and usability. While gold requires secure storage and can be vulnerable to theft, Bitcoin can be safely stored…

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