Post
Topic
Board Bitcoin Discussion
Re: Banks will always be against cryptocurrencies?
by
muchachita14
on 20/09/2018, 07:29:46 UTC
A fiat money system where central banks can and do literally print money at will has its weaknesses. That’s why hard assets like gold are so popular among smart investors: as real stores of value, they provide a safety net against currency depreciation.

However, it’s doubtful that the same applies to cryptocurrencies. Despite what the crypto-evangelists will tell you, digital tokens will never and can never replace gold as your financial hedge.