All the Reasons Cryptocurrencies Will Never Replace Gold as Your Financial Hedge
By GCRU Gold News on Tuesday, November 21 2017, 02:42 - Permalink
Sure, a fiat money system where central banks can and do literally print money at will has its weaknesses. That’s why hard assets like gold are so popular among smart investors: as real stores of value, they provide a safety net against currency depreciation.
However, it’s doubtful that the same applies to cryptocurrencies. Despite what the crypto-evangelists will tell you, digital tokens will never and can never replace gold as your financial hedge.