Cryptocurrencies – including bitcoin and stablecoins – are not an alternative to gold, nor do they pose a threat to its role as a safe-haven investment, an expert with the World Gold Council said.

John Reade, the senior market strategist and head of research at the association, said that long-term demand for gold remains well supported amid mounting concerns over US dollar assets, persistent trade and geopolitical tensions, and the economic fallout of tariffs.

“Bitcoin and other digital assets have been marketed as an improved version of gold … as ‘gold 2.0’ or ‘digital gold’,” Reade told the Post. “That’s a fallacy, in my opinion.”

He pointed out that cryptocurrencies tend to move in tandem with equities – unlike…