???? Gold vs Bitcoin: Strengths of Gold & Silver – PAXOS Gold, PAXG ERC-20 Token for Real Gold – Ep.

● Timestamps and Topics:
01:13 Gold and silver strengths
02:43 Black swan events
03:39 Comparing gold/silver and bitcoin/cryptocurrencies
05:24 Bullion premiums (markups on gold/silver)
10:17 What is PAXOS Gold (PAXG)?
15:13 Gold $7T market cap (5000 years) versus Bitcoin $128B market cap (10 years).

● Strengths of Bitcoin & Silver

To play Devil’s advocate, here are some of Gold and Silver’s strengths when compared with Bitcoin and Crypto:

1.) Gold/Silver is vastly superior to fiat, which is inflationary and debt-based. Bitcoin is even more superior in this regard.

2.) Gold/Silver is currently less volatile than Bitcoin and cryptocurrencies. However, as the crypto market cap grows its volatility will also reduce, but it is true that currently gold & silver are less volatile than crypto.

3.) Gold/Silver has a longer history of confidence (thousands of years). But in time, truly disruptive technology (such as Bitcoin) always outdates its predecessors. EXAMPLES: email vs letter, car vs horse & buggy, cell phone vs landline, Uber vs taxis, flat screen TV vs CRT, Bitcoin vs Gold, etc.

- - - - - - - - -

Disclaimer: This video is not financial or investment advice. Do not buy, sell or trade cryptocurrency, or make any financial decisions based on the content of this video. I am merely sharing what I have done and what I would do in various situations as an educational tool only.

#bitcoin #btc #gold #silver #paxg #paxosgold #paxos #paxgold #crypto #cryptocurrency #news #blockchain

CREDIT: Subscribe Button by MrNumber112 https:// youtu . be/Fps5vWgKdl0

- - - - - - - - -

⚡ ColinTalksCrypto.com ⚡

???? EOS donation address/account name: colintcrypto
???? Ethereum (ETH) address: 0x5b90414Aeb115f910698304E63C2C3092739c9c0
???? Bitcoin Cash (BCH) address: qpzc3apy9s8x2qtlqxxgnalfxtzgnkg5nq352w9k2t
???? Bitcoin (BTC) address: 1Da6ivdriJpzqnLkNEa1XnKk5nGCiyRZrF

???? YouTube: http://youtube.com/ColinTalksCrypto
???? Twitter: https://twitter.com/ColinTCrypto (@ColinTCrypto)
???? Facebook: http://fb.me/ColinTalksCryptocurrency
???? Instagram: https://instagram.com/colintalkscrypto/
???? Steemit: https://steemit.com/@colintalkscrypto
???? Uptrennd channel: https://uptrennd.com/user/colintalkscrypto
???? BitChute channel: https://bitchute.com/channel/colintalkscrypto/
???? D.Tube channel: https://d.tube/#!/c/colintalkscrypto
???? 3Speak channel: https://3speak.online/user/colintalkscrypto
???? BitTubers channel: https://bittubers.com/profile/ColinTalksCrypto
???? LBRY.TV channel: https://lbry.tv/@colintalkscrypto
???? Read.Cash channel: https://read.cash/@ColinTalksCrypto
???? SteemPeak channel: https://steempeak.com/@colintalkscrypto

T-shirts and swag:
Crypto Trading
Be the first to comment