The well-known macroeconomist Lin Alden has said that by 2029, the first cryptocurrency will outperform the precious metal in terms of yield. In the New Era Finance podcast, she explained this by the cyclical leadership between two assets and the current mood imbalance: gold is now in a zone of euphoria, and Bitcoin is in a phase of unwarranted pessimism. "If I had to choose two or three years ahead, I would bet on Bitcoin," said Alden.

In January, gold renewed its historic high of above $5,600 per ounce, and the JM Bullion’s fear and greed index recorded a "Greed" score of 72. Cryptocoin shows the opposite picture: the corresponding index for digital assets in the same period was in the "Extreme Fear" zone (18 points). Bitcoin is trading 44% below its October peak of $126,000, which the economist unfairly calls a gloomy look.

Alden recognizes that the correlation between gold and Bitcoin is unstable - they can move both synchronously and diversely, so rigid schemes are irrelevant. However, her prediction is disputed by billionaire Ray Dalio, who regards Bitcoin as an unreliable means of saving due to lack of support from central banks and vulnerability to quantum computing. He calls gold the most established reserve asset.