Post
Topic
Board Economics
Re: Fiat Money Losing Worth, Bitcoin and Gold Getting Important
by
White Christmas
on 24/10/2019, 16:09:54 UTC
It is obvious that more people around the world are turning into saving cryptocurrencies instead of fiat and local currencies. Gold is a traditional asset and it is trusted by many people, but nowadays the financial revolution is represented in blockchain technology and cryptocurrency, and people are building trust with time on these assets too.
Many people will really choose to invest their money into a safest and it would be gold because time passes by gold will increase its price and the supply of gold will be lessen so the demand of it will increase. Due to the globalization and the faster grow of the technology, blockchain is also consider to be the one of the most good technology which we can get money into. Fiat will not still losing worth it is just became many people are intent to use crypto and bitcoins.