Bitcoin Embraces Gold-Like Status, Per Coinbase Exec

Institutional investors are increasingly turning to Bitcoin as a hedge against inflation, mirroring the historical role of gold. According to John D’Agostino, Head of Strategy at Coinbase Institutional, Bitcoin’s characteristics – scarcity, immutability, and non-sovereign asset portability – align with those attributes that make gold a favored safe-haven asset. This trend is reflected in the growing adoption of Bitcoin by governments, financial institutions, and even corporations such as MicroStrategy, MARA, MetaPlanet, and Semler Scientific, who see it as a valuable component of their treasury strategies.