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Title: [2016-11-10] Like Gold, Bitcoin is Becoming the Ultimate Safe Haven Investment Post by: PHPSELLER on November 10, 2016, 06:36:21 PM The relative stability of Bitcoin during periods of geopolitical uncertainties has allowed the digital currency to be considered by investors as a safe haven for the preservation of their wealth.
Two major events in 2016 that quickly come to mind when considering the geopolitical risks borne by holders of fiat currencies, stocks, commodities and other financial elements are Brexit and the US elections. The fallout from these events saw the nations’ currencies and stocks plummet within very short periods of time. Read More: https://cointelegraph.com/news/like-gold-bitcoin-is-becoming-the-ultimate-safe-haven-investment https://cointelegraph.com/images/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9jNGM2MDYwYjZjZDg0NzgyYTQ1ODAxNGNjZjc1ZTQ5Zi5qcGc=.jpg Title: Re: [2016-11-10] Like Gold, Bitcoin is Becoming the Ultimate Safe Haven Investment Post by: richardsNY on November 10, 2016, 07:09:08 PM From the very first day I entered the Bitcoin world I have used and considered Bitcoin to be the ultimate safe haven. I am surely not the only Bitcoiner with the same thought. It will be a matter of time before even non Bitcoiners come to this conclusion. The fact that you can store millions of dollars into Bitcoin where it fits in a single USB dongle or paper wallet. If you buy yourself millions worth of Gold, then storing it safely is a real danger and a hassle. Where does one leave that much physical Gold anyway? Don't tell me in a bank vault...
Title: Re: [2016-11-10] Like Gold, Bitcoin is Becoming the Ultimate Safe Haven Investment Post by: panju1 on November 11, 2016, 01:05:30 AM From the very first day I entered the Bitcoin world I have used and considered Bitcoin to be the ultimate safe haven. I am surely not the only Bitcoiner with the same thought. It will be a matter of time before even non Bitcoiners come to this conclusion. The fact that you can store millions of dollars into Bitcoin where it fits in a single USB dongle or paper wallet. If you buy yourself millions worth of Gold, then storing it safely is a real danger and a hassle. Where does one leave that much physical Gold anyway? Don't tell me in a bank vault... Most gold is also held electronically these days. People invest in e-gold or funds which invest in gold and other commodities. But bitcoin is definitely better, because you can put it in cold storage in a paper wallet. |
