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Sunday, March 27, 2016

The Era of Digital Gold

The Era of Digital Gold

For over 10,000 years, humans treated physical gold as the ultimate store of value. Countless nations and currencies rose and fell, but gold remained because people valued the six properties that make it good money – scarcity, divisibility, portability, verifiability, recognizability, and fungibility.

In modern economies, fiat currencies have been brutalized by hyperinflation, war, and monetary reform, resulting in an average life expectancy of just 27 years. In an increasingly electronic financial system, digital currency offers investors an alternative: a scarce, global, apolitical, digital gold.


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