Why Chinese people may convert Bitcoin to Bitgold ...Why Bitcoin Investors Should Convert Their Virtual Funds into Gold?
In the last few days, China’s capital restrictions cause capital flight; European regulators made Bitcoin trade more attractive by imposing tax-exemptions.
That's why Bitcoin's price increase 100% in the last two months.
From this article:
"Moreover, another big advantage of the metal is that it’s fairly easy to convert Bitcoins into physical gold. Online platforms like
BitGold offer investors the opportunity to buy gold directly with Bitcoin. The company even offers its clients to store their gold for free at over ten physical brinks locations internationally."
https://www.deepdotweb.com/2015/11/08/why-bitcoin-investors-should-convert-their-virtual-funds-into-gold/