Bernstein analysts call Bitcoin a 'faster horse' compared to gold, suggesting it's irrational to favor one over the other
, Bernstein analysts have argued that favoring gold but not bitcoin is irrational, likening the preference to"hating on a faster horse.", who asserted in 2022 that it's possible to be bullish on both assets as they offer protection against the debasement of fiat currencies.
In early January, Bernstein analysts Gautam Chhugani and Manas Agrawal emphasized the resilience of Bitcoin, pointing out that the cryptocurrency has weathered two previous"winters" before the 2022 downturn.
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