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RE: The Gold Standard

in LeoFinance4 years ago

"Cash is king however gold is the currency of kings"
I loved this phrase! Very true and so unpopular.

I agree on your distinctions. Anyway, you should always have clear in mind your time-range. In particular a good Dollar Cost Averaging on cryptocurrencies, or a dilution of purchasing areas according to supports can beat Gold on the short-mid term.
Cryptocurrencies have one more advantage to gold, still in the time range of some years. They are more portable. And that is one of the reason why in countries where hyperinflation is running and government are closing doors for saving the purchasing power, cryptos remain the number one solution.

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Very well said. I agree with time bound goal setting. And yeah crypto is still in its infancy and still is years away from reaching full potential.