Hi PEPs I am here to talk about GOLD. The valuable metal has been utilized by various developments and it has helped people to store an incentive during times of financial vulnerability. The fundamental inquiry is whether Bitcoin (BTC) will ever have the option to turn into a comparative resource for ensure clients' worth or other Coins that claimed to be backed by real gold can actually live up to that standard? willing to hear from you guys
In my opinion, it will be difficult for Bitcoin to get a guarantee of gold metal. Because an organization that owns a huge amount of gold will not hold a huge amount of bitcoin to do so and many places around the world are still skeptical about the value of bitcoin because the blockchain technology is not. managed by anyone. So who will own the huge amount of gold equivalent to the huge amount of bitcoin to bail it?
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