Post
Topic
Board Economics
Re: BITCOIN / GOLD
by
Doyenuklirblok6
on 23/09/2018, 17:05:05 UTC
Since ancient times, gold was considered the most important measure of real asset value. Besides that it is used as a medium of exchange and capital accumulation. Not surprisingly, today, many people still believe that investing in gold is much safer than buying paper money from abroad, even those that are more economically developed. This statement is quite correct. Leaders from powerful countries often talk about difficult times for the economy, and most of the whole world is on the verge of economic collapse. When claiming that even the US dollar, which was established as a reserve currency in all countries, has a definite future due to rising US debt, often people begin to regard money as an unreliable tool for investment whose results fall back into eternal gold.
However, because of today's internet technology, we have a new subject for investments whose value is compared to gold. This is a digital Bitcoin currency.