![Bitcoin is ‘digital gold,’ says Finder.com co-founder Bitcoin is ‘digital gold,’ says Finder.com co-founder](https://australianfintech.com.au/wp-content/uploads/sites/7/2017/10/Bitcoins1.jpg)
Bitcoin is ‘digital gold,’ says Finder.com co-founder
Cryptocurrency isn’t going anywhere — in fact it’s set to take a leap forward in coming years, says tech entrepreneur and Finder.com Co-founder Fred Schebesta.
“I’m a big believer in Bitcoin,” he says. “I think it’s like digital gold. I think it will last on and on and on.”
In a newly released interview, taped on March 2, Schebesta rejects pessimists who say cryptocurrency is a passing fad, noting that the price of Bitcoin (BTC-USD) has remained stable of late.
“Bitcoin’s been called dead for 10 years now,” he says. “Seems to still be going. You know, I think the price is holding up pretty well throughout this as well.”
As of Thursday afternoon, the price of Bitcoin stood at $9,115, marking a 20.7% increase over the past three months, while the S&P 500 has fallen 3.5% over that period. Bitcoin surged at the outset of this year despite coronavirus fears.
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Source: Bitcoin is ‘digital gold,’ says Finder.com co-founder