Q&A: Bitcoin vs. the Real Digital Gold

On today's episode of The Blockchain.com Podcast, we're joined by Charlie McGarraugh, Chief Strategy Officer and Head of Markets here at Blockchain.com. 

While crypto prices plummeted in May, gold had its best month since July of last year, up 8% for the month. Garrick Hileman - Blockchain.com's Head of Research - and Charlie discussed what's happening with gold, crypto prices, and tokenized gold like Blockchain.com's own DGLD token. 

In this episode, we discuss:

• Charlie’s background as a gold trader at Goldman Sachs and the structure of global gold markets
  
• why tokenizing traditional assets like gold is useful, and what functionality and advantages tokenization brings
  
• Are gold and bitcoin more competitive or complementary?
  
• Blockchain.com’s tokenized gold product called DGLD - how it is constructed, where the gold is stored, and its new wrapped version called wDGLD that can be stored and transacted in the Blockchain.com wallet

Enjoy! 

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Previous podcasts with Charlie McGarraugh - Episode 10: The Crypto Markets with Charlie McGarraugh and Episode 27: Is the crypto bull market still intact? 

Blockchain.com's Gold Token Primer and Going for Gold? A Research Primer on Gold-Backed Crypto Tokens.

More reading - November Markets: Bitcoin sets a new all time high while gold plunged, A Classic, Now Digital. DGLD Now Exclusively Available on the Blockchain.com Exchange, and Wrapped-DGLD brings Swiss vault held Gold to Ethereum. 

Even more reading - What is wrapped-DGLD (wDGLD)? and Why do I need ETH to send wDGLD?