
Gold, silver or Bitcoin? Will crypto steal the spotlight
India Today
Gold and silver have long been seen as safe havens for investors, a reliable store of value in uncertain times. But with the rise of Bitcoin and other cryptocurrencies, the question on everyone's mind is: could cryptos steal the spotlight?
Cryptocurrencies were once dismissed as a fringe experiment. Today, they sit at the centre of a serious debate among investors: could digital assets one day rival, or even outpace, traditional safe havens like gold and silver?
For centuries, precious metals have been the default store of value in uncertain times. Crypto, by contrast, is barely over a decade old. Yet, its rapid rise, growing adoption and promise of decentralised finance have pushed investors to rethink what a modern safe asset might look like.
At the heart of the debate is how investors define value itself. Gold and silver carry the weight of history, physical scarcity and deep cultural trust. Crypto offers a different proposition, digital scarcity and borderless transferability.
Raj Karkara, COO of ZebPay, believes the comparison should not be framed as a battle for replacement. “Crypto and precious metals are fundamentally different asset classes, each serving a distinct role within an investor’s portfolio,” he says. According to him, crypto was never designed to replace gold or silver but to create a decentralised digital asset that allows trustless transactions and portfolio diversification.
He adds that Bitcoin’s fixed supply of 21 million coins reinforces its scarcity-driven design. “Rather than viewing crypto as a replacement, it’s more appropriate to see it as a complementary evolution in how value can be stored and transferred in a digital-first world,” Karkara says.
One of the biggest hurdles for crypto is volatility. Sharp price swings remain common, while gold and silver are known for relative stability.













