Why We Need Gold and Bitcoin

Article was originally published on GSI Exchange.

» Top New Products

Golf instruction program

Use  this  secrets  to  hit  longer,  more  accurate  shots  in  only  15  minutes  a  day.                                             

Z-Code - a Betting Robot

Z-Code  trades  sport  No  guesswork,  easy  to  use  even  if  you  have  no  clue  about  sports.                               

How To Flip Websites

You  can  start  to  flip  websites  for  profit  right  now,  within  the  next  hour.                                                   

The Leader in Windows PC Repair

Repair  common  errors,  optimize  performance,    and    much  more                                                                                 

Wrap him around your fingers

How  to  chemically  control  his  mind  with  the  secret  8  step  method.                                                                     

Instant Backlink Magic

Do  you  spend  countless  hours  writing  and  submitting  articles,  setting  up  profiles                                     

Spec Ops Shooting

The  only  program  for  the  rabid  American  gun  shooting  market.                                                                               

Renegade mental golf

Coaching  system  that  will  attack  mental  roadblocks  and  get  you  into  peak  performance  form.                   

6-week golf fitness program

A  progressive  golf  exercise  plan,  stretch  program,  cardio  plan  and  nutrition  program.                             

Guide to resume writing

With  simple  language  and  formatting  refinements  improve  your  response  rate  by  as  much  as  50%.             

SaleHoo Wholesale Directory

Find  Trusted,  Reliable  Sources  for  Wholesale    and    Dropship  Products                                                               

Create Apps Without Coding

Create  an  app  for  iPhone  or  android  without  coding  affordable  easy.                                                                 


Article Image 03 - B (Jan-05-2018)

In today’s digital age, we live in two worlds: the physical world and the virtual world.

The virtual world cannot exist without the physical world (power outages will attest to this).

But we cannot exist in today’s physical world without the virtual world (digital technology has embedded itself into every aspect of life from personal to social to commercial, etc.).

Money, too, now exists in both worlds as cash and metals are being digitized.

The problem: government and banks are finding ways to make the digitization of money work toward their interests and advantages…at the expense of the people (e.g. the “war on cash”).

Government’s monopoly over the creation, distribution, and regulation of fiat currency works against the principles of a free market.

“Free market” entails the “freedom” to use and hold any form of money that fulfills the demands of the market. The notion of a free society also implies the individual’s right to “privacy” (including transactions and asset holdings).

Government has severely restricted the freedom and privacy of individuals to conduct transactions and hold assets.

Government has monopolized money, making the manipulation, management, and artificial creation of money its sole privilege. This is government’s way of saying to its people: we can manage your wealth better than you can manage it yourself.

Gold and Bitcoin (and other acceptable “altcoins”) exist beyond this restrictive system.

Both operate outside the corruptive influence of government and central bank intervention and control.

Intrinsic Value: gold has physical intrinsic value—a commodity itself that has value beyond its currency value. Bitcoin’s intrinsic value is its generative process (algorithm) and coin limit as well as its underlying technological features and applications.

Scarcity: unlike fiat currency, gold is physically mined and finite; Bitcoin (and a few other altcoins) is algorithmically mined and finite.

Inflation Hedge: both gold and Bitcoin  are hedges against the inflationary degradation of fiat currency.

Universal Means of Exchange: gold and Bitcoin are recognized and exchanged across international lines.

Forgery-Proof: the quantity of gold can be reduced, but its material composition cannot be forged; Bitcoin cannot be forged.

Risk of Confiscation: it would be impossible for the government to confiscate your privately-owned “physical” gold; such a scenario would be virtually impossible with regard to cryptocurrencies. In contrast, digitized currency and metals (via CUSIP) can easily be tracked, monitored, taxed, and seized.

Gold is the ultimate measure of value in the physical monetary domain; Bitcoin and altcoins rule the digital monetary domain.

Wealth in today’s world means owning assets in the form of “sound” physical and virtual money.

Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.