Why Gold Is The Most Reliable Store Of Value

in #gold6 years ago

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We've all seen hyperinflation in countries like Venezuela, Argentina etc. Hyperinflation can happen
in any country even in most unexpected countries. To be safe from hyperinflation or inflation there are two options to save your money - buy bitcoin or gold. Though bitcoin is deflationary cryptocurrency but it's not the most reliable option because bitcoin is only 10 years old, it's unstable, it's hard to sell and buy bitcoin and buy-sell fees are outrageous,it's still a complex process to store your bitcoins etc. That's why I prefer to use gold as a store of value. Gold is also deflationary and it's expected that mining gold will get more harder in next decades. Gold is the oldest store of value and this is the main reason to use gold rather than other metals or cryptocurrencies.
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