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.
28/3/2016
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