To many people around the world, Bitcoin and blockchain technology still make very little, if any sense at all. That may seem only natural, however, even these people will have to admit the concept is not just another hype, as initially thought. There are a handful of reasons why Bitcoin matters to the world, and over time, to every individual on this planet as well.
A lot of people are questioning whether or not they should invest some of their money in Bitcoin as a way to increase the overall value of their savings. The answer to that question is not as straightforward as you might like, but there is no wrong answer either. Your best option is to do your own research before making such a hefty decision. Or you can take Kim Dotcom’s advice; that might work too.
In our numerous previous articles going back to January 2014, we reported that gold coins and Bitcoins were pretty safe way to have a long term investment. With long term investment we mean investments that last longer than 1 year.
In a chance meeting chat with Oswald Grübel, Ex-CEO of UBS and Credit Suisse, he told us that Gold coins and Bitcoins were the only safest way to get good returns on your investment in the long run. “…the current states of the central banks are not as safe as they portray. This unstable situation is created by very risky practices of certain banks. This stems from the belief that the governments will rescue the banks when the banks are in trouble again.
We have written numerous articles warning people not to buy gold bars and gold coins from the internet. We expanded that also to the crypto community and gave given you all some pointers to what you need to pay attention if you do want to buy gold/silver coins as an investment.
A good friend of ours – Jason De G. – bought some gold “bars” that were authenticated and from reputable sources. He bought about 5 of these “bars”, all paid with Bitcoin. He bought them at an auction site and though he didn’t buy from someone who hadn’t bought or sold anything, he thought it would be Ok since the necessary documents and identifiers were present.
Asia remains the epicenter of the world’s economy, and that’s no different when it comes to interest in digital currency. DigitalTangible has launched their physical gold and Bitcoin trading services in Asia, thanks to their new partner Melotic.
Global customers of DigitalTangible Inc can now trade both their Bitcoin and their gold on the new Chinese Crypto-Gold trading platform. On Melotic’s commodity markets, users can trade the fine 1 oz. Pamp Suisse physical Gold bars, offered by DigitalTangible.