Quote from: gandhe83 on August 01, 2018, 07:22:50 AM

Quote from: orarider on July 11, 2018, 11:38:27 PM

Right. The Chinese government does not trust the electronic money market. Electronic money can affect the national currency system. Investing in e-money will be a big risk. So they should buy gold and silver.

China does so as a safeguard for their country. And they always have the idea of buying all the other countries' materials for their country. After all these countries run out of natural resources will have to buy the Chinese at a very expensive price. With gold and silver, they think so and it is a rare item for life.

That is right. There are people who would invest in gold because they have their own logic behind their this decision and there are those who would love to go for investing in crypto currency.

I believe the later decision is more portable in many aspects because investing in crypto like Bitcoin imparts you the freedom to use the coins anywhere in the world for instant transaction and avail the related benefits unlike the gold which at times cannot be converted into cash instantly and can take lot of time to get the job done.