Tag: Gold

Bitcoin and Gold are key Assets for 2020, Bloomberg Analysts Claim

When looking for financial assets that may appreciate in value over time, many different options can be explored. If Bloomberg analysts are to be believed, all one needs is Bitcoin and gold to make a steady profit. Most of the financial markets had their key weaknesses exposed in recent months. All You Need is Bitcoin and Gold The COVID-19 crisis has certainly shown how feeble stocks and bonds are. More …
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Ray Dalio Claims no one Should Invest in Bitcoin or Have Cash

Investors and financial experts often have very colorful opinions. Ray Dalio certainly falls into this category, especially following his recent “advice”.¬† There are few financial tools that give consumers actual freedom. Ray Dalio is Firmly Against Bitcoin Cash is one of those options, and it is a thorn in the side of banks and financial experts. Ray Dalio even goes as far as claiming how cash is trash and should …
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Real Gold Can Now Be Digitalized for the Crypto Market

Gold has historically been a reserve currency for many countries and an important wealth metric for economies. Today, it still plays an important role in each of these factors, but the issue of digitization of the precious metal has been rather slow and mostly confined to long-term storage solutions and not transactions themselves. With the advent of blockchain technology and distribution ledgers, bullion traders, investors and exchange companies have been …
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US Company Wants to Track the Gold Supply Chain Using Blockchain Technology

Coming up with more use cases for blockchain technology is not necessarily difficult,¬†although not every use case requires a distributed ledger either. For quite some time now, we have seen interesting¬†synergy between the blockchain and precious metals industries. Emergent Technology Holdings wants to encode the gold supply using blockchain technology later this year. That’s a very ambitious goal, although one has to keep the big picture in mind at all …
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