Joshua Henslee explores Bitcoin and gold as money as he attempts to determine if one functions more effectively as money over the other in today’s age.
The Amleh token offers a digitized, on-chain gold token, emulating gold certificates that have existed off-chain for decades.
If a stablecoin is backed by gold reserves, it should be solid enough to not suffer from extreme changes in the market like what other digital currencies witness.
There is a lot of confusing information coming out of Russia regarding how it is going to view cryptocurrencies going forward.
The World Gold Council has responded to the #DropGold campaign and tries to prevent any major switches from the precious metal to cryptocurrency.
Gold is widely seen as a great investment, but Grayscale is making the argument that traditional investors should drop it for Bitcoin.