In early Thursday trading, gold prices and Bitcoin prices were approximately equivalent: $1,238 apiece.
That is to say, one ounce of gold and one Bitcoin were of the same value, (at least in U.S. dollar terms). Or at least, they were. Until gold fell more than 1% on the day and Bitcoin continued to rally, climbing to $1,275, up almost 4%.
Bitcoin's run has been pretty impressive. Earlier this year, we noted that Bitcoin had passed the $1,000 mark for the first time since 2013. After taking a quick dive from roughly $1,130 down to $800 in just a week's time, the digital currency has been surging.
Even with that big dip, Bitcoin is still up 28% on the year, plowing its one-year gains up to a whopping 183%.
Bitcoin has been controversial, with some calling for its eventual demise and others planning on it being the currency of the future. In truth, neither scenario seems likely to play out. Bitcoin looks like it could be here to stay, but it doesn't seem likely to dethrone the governments' worldwide currency market.
And when one is asked, would you rather have a bitcoin or an ounce of gold, the answer isn't so one-sided.
Earlier this year, Lyft announced that it was looking to increase its U.S. footprint by 50%, growing to 300 cities from 200 by year-end. The company isn't wasting time either, having added 40 of the planned 100 additional cities in late-January.