Bitcoin vs Gold: Which One Is the Real Safe Haven During War?

thecekodok

 If a global conflict happened tomorrow, where would you rather keep your money — gold or Bitcoin?

This debate has been going on for years, but recent events keep bringing it back into the spotlight.

Just last week, after major geopolitical tensions and a ceasefire announcement between the US and Iran, markets reacted immediately. Gold moved up around 3%, but Bitcoin surged even stronger — jumping about 8% in a single day, moving from around $68K to $72K.

That’s the kind of volatility and speed that traditional safe havens usually don’t show.

But this isn’t the first time we’ve seen this pattern.

Back in 2020 during the COVID-19 global shutdown, gold initially dropped to around $1,500 before recovering to nearly $2,000 — a solid long-term gain of about 33%.

Bitcoin, on the other hand, crashed to around $3,800 at its lowest point. Many people at the time said “Bitcoin is dead.”

Fast forward to today, and those who held on would have seen massive growth — showing how dramatically different Bitcoin’s long-term trajectory can be compared to traditional assets.

So why does Bitcoin behave so differently from gold?

One key reason is supply.

Gold is limited, yes — but new gold can still be mined and introduced into circulation over time.

Bitcoin, however, is permanently capped at 21 million coins. No government, company, or individual can ever create more than that. It’s fixed in code.

Meanwhile, fiat currencies can be printed during crises, increasing supply and potentially reducing purchasing power over time.

This is why some people argue Bitcoin behaves more like a “digital scarce asset,” while gold remains the traditional store of value.

But the truth is — both assets react differently depending on market conditions, risk appetite, and global events. Neither is perfect, and both come with their own risks and advantages.


💡 Grow Your Money with Versa

If you’re thinking about starting your wealth journey in a simpler way, I’ve been using a wealth management app called Versa.

It’s easy to use, beginner-friendly, and the funds are managed by professionals from AHAM Asset Management Berhad.

You can also get a RM10 reward when you complete the steps below:

👉 Join me now:

  1. Download: https://download.versa.com.my/1bAf/referral?deep_link_value=UAVR6K5X
  2. Sign up using my referral code: UAVR6K5X
  3. Complete the onboarding steps
  4. Make your first cash-in of at least RM100 into any Versa product

Start small, learn the process, and build your financial habits step by step.