Crypto is already usd3trillion. Market capitalization Its on nyse etf , govts , pension funds , hedge funds , corporate treasuries even countries level adoption , updates of accounting standard for crypto , crypto payments, apps , rails , infrastructure , blueprints , master plan for future tokenizations , collateral for banks , Has 16 years of data. It wont go away lol
Gold is money. All others so called money are fiat currency back by nothing but vague promise to pay the face value. Even the mighty USD have lost 97% of its value.
Gold is NOT money, it is physical commodity. Do note that gold price dropped 50% (yes 50%!!), from mid 2011 to 2015. I don't think any major currency will drop 50%. As such, gold (just like any commodity) have a volatile price too.
Futures are just another way of gamble, this investment banking talking how solid gold value, just trying to earn commision to make you borrow more money to play futures. Study so much use complicated way to con people into gambling. Real investor holds gold. Gambler goes on futures.
No matter the price gold is goes up and down, 1 coin of gold = 1 goat. Muslims must know this. Banks talked about CBDC is the future. But for me are always gold
happy mid-autumn festival peter and all
how come paper gold did not tank the gold price? is it bcos been heavily regulated? i saw gold apps booming like weed dint it deflate gold?
Good interview. but honestly from some of their answers, I don't think they truly understand Crypto yet. Hehe
Normally bankers dun buy on crypto idea as is too volatile and do not have any centralise to control it. Crypto is just a trend.
Crypto is already usd3trillion. Market capitalization
Its on nyse etf , govts , pension funds , hedge funds , corporate treasuries even countries level adoption , updates of accounting standard for crypto , crypto payments, apps , rails , infrastructure , blueprints , master plan for future tokenizations , collateral for banks ,
Has 16 years of data.
It wont go away lol
Well its great because we can just buy and store them in the banks!
Gold is money. All others so called money are fiat currency back by nothing but vague promise to pay the face value. Even the mighty USD have lost 97% of its value.
Gold is NOT money, it is physical commodity. Do note that gold price dropped 50% (yes 50%!!), from mid 2011 to 2015. I don't think any major currency will drop 50%. As such, gold (just like any commodity) have a volatile price too.
Futures are just another way of gamble, this investment banking talking how solid gold value, just trying to earn commision to make you borrow more money to play futures. Study so much use complicated way to con people into gambling.
Real investor holds gold.
Gambler goes on futures.
No matter the price gold is goes up and down, 1 coin of gold = 1 goat. Muslims must know this.
Banks talked about CBDC is the future. But for me are always gold
Rush into quantum metal