Rethinking scarcity in modern portfolios (opens original article in a new tab)

The article discusses how cryptocurrencies and traditional scarce assets like gold are being reevaluated in modern investment portfolios, highlighting their unique attributes and roles in different economic conditions.

• Cryptocurrencies offer digital scarcity with fixed supply, unlike gold which relies on physical and geological factors.
• Gold is seen as a traditional store of value and risk hedge, while bitcoin is considered high-risk with growth potential.
• Regulatory changes in Australia have made crypto a more institutionalized investment with new licensing requirements for digital asset platforms.
• Investors evaluate scarce assets based on factors like portability, custody, verification, and liquidity, with bitcoin offering greater portability than gold.