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Will Cryptocoins Really Replace Gold? | The Mesh Report

Will Cryptocoins Really Replace Gold?

Mike Hammer November 13, 2019 Comments Off on Will Cryptocoins Really Replace Gold?

For the past 5 years, cryptocoin advocates have been saying cryptos would replace gold.

Well, that certainly hasn’t happened. Both have had somewhat rocky roads; Bitcoin flamed and fell in 2017 in what looks exactly like an episode of Dutch tulip mania, currently trading for about 40% of its peak.

Gold, meanwhile, continued to do it’s thing, rising about 25% over that period and currently sits just 6% below its peak. Since the technology behind cryptocoins is useful, why not marry the two?

Continue Reading At The Gold Enthusiast



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