Economist Lyn Alden: Bitcoin Could Outperform Gold Within Three Years

The competition between Bitcoin and gold as stores of value has garnered significant attention in recent years. Prominent American macroeconomist Lyn Alden suggested on the New Finance Era podcast that Bitcoin's gains could significantly surpass those of gold within the next two to three years.

Alden stated that if she had to choose between the two, she would lean towards Bitcoin. She said directly: 'If someone had a gun to my head and forced me to pick one asset that would perform better, I would choose Bitcoin.' This judgment is based on her deep observation of market sentiment and asset cycles.

She pointed out that after gold hit a historical high of approximately $5,608 in January 2024, market sentiment was once overly optimistic, but this rise did not constitute a bubble. In contrast, Bitcoin's market perception is still generally underestimated, and there is even prejudice. Nevertheless, Alden also emphasized that this does not mean that the two are necessarily opposed – gold and Bitcoin may rise simultaneously in certain macroeconomic environments, or they may both fall back at the same time. The two are not a simple zero-sum game. She cautioned that this analysis is not a prediction of future prices, but a macroeconomic judgment based on the current market structure and behavioral patterns. Investors should rationally view the long-term value of the two types of assets in light of their own risk preferences.