Digital Gold | Protects Your Assets Against Inflation With Digital Gold

in #blockchain2 years ago

The demand of gold increases in periods of economic uncertainty, because investors look for safe havens during periods of financial turmoil. Gold is tangible and can be stored in a vault while other assets are being traded. It also tends to hold its value even during inflationary times, making it an attractive option for people looking to diversify their portfolio. Gold a good hedge against inflation as investors would be converting their cash holdings to gold to protect the value of their assets, thus it's increasing interest from investors may set off a bull cycle in gold until the effect of inflation on the market begins to cool off. Historically, gold has been used as safe asset to combat inflation because its supply is limited and it tangible commodity with value that tends to hold during periods of high inflation on the global or even cryptocurrency market thus digital gold it's one of the most unique ecosystem where it's offer a new gold marketplace that implementing blockchain and cryptocurrency with the gold market.

Gold As A Strategic Inflation Hedge

In times of inflation, gold can shine brighter than any other investment especially for soring assets. It's better than all the conventional investments including bonds and stocks, which fall in times of inflation. The gold has historically performed well during high inflationary periods and there has not been a single period when it lost its value. Moreover, an inflation hedge is an investment that protects from the reduced purchasing power of a currency due to a fall in its value because of rising prices. Gold is becoming the best choice for investors looking for an inflation hedge, as it is the only asset class that has held on to its value even when economic situations have deteriorated around the world, at such times, they tend to prefer investments where it's have a steady value and do not fluctuate like other assets thus gold becoming the best choice on the global market.

Gold Demand In 2022

Gold demand in the Q1 2022 was more than 34% above Q1 2021 where it's driven by strong strategic inflows on the global market and in a quarter that saw the US dollar gold price rise by 8%, gold global market demand increased more than 34% and it was the highest since Q4 2018 and 19% above the five years average. The Ukraine invasion, Covid-19 and surging inflation in recent years were key factors driving both the gold price and demand, besides that cryptocurrency bearish run was also affecting most digital market today and thus gold once again becoming the most demanded market. Cryptocurrency becoming the most affected market on the last crisis thus the community was seeking the best inflation hedge besides USD and the other asset and through the Digital Gold platform they can buy gold in the tokenization concept more easily with their crypto assets.

Digital Gold

The Digital gold exchange ecosystem implements distributed-ledger through the blockchain technology so it will reflect every transaction through Transparent Database, thus creating a unique platform by implementing Smart-Contracts that allow transaction processing to be carried out automatically. It's also eliminate any centralized entites on the process. Their system will also provides a new utility tools where it's backed by the Real-Gold that stored on the Bullionstar vault and the value this token will have 1:1 rate with the real gold, it will ensure more effective trading process where Digital Gold will also not only intended for crypto community but also for traditional traders or investors to access the crypto market more easily and less risky with gold-backed token.

Conclusion

Gold becoming one of the most chosen asset for protection against inflation where it's also becoming one of the best investment with long-term saving option out there, Gold offers stable form of asset storage with a more profitable return rate as well as it's less risky. On the other hand gold was also more resistant to economic Inflation. As we know today internet becoming one of the most powerful innovation where it'll making more easier for everyone to access the Gold global market especially the Digital Gold project where it was a new platform based on the blockchain technology, thus it will bridges the traditional Gold market today with the Cryptocurrency through the blockchain technology, The team behind Digital Gold was creating a more flexible form of platform structure with lucrative benefits and features, besides, I personally have used Digital Gold Platform many timesto Buy or sell Gold with my Crypto asset and I highly recommend you try their platform to buy gold too!

I think it's enough, Guys Don't forget to Follow, Comment & Upvote my article, I hope this article can become a refrence for you to invest more effectively and i will give some useful links related to Digital Gold Marketplace below. Thank you very much!  

Website: https://gold.storage
Twitter: https://twitter.com/gold_erc20
Reddit: https://www.reddit.com/r/golderc20/
Telegram: https://t.me/digitalgoldcoin
Steemit: https://steemit.com/@digitalgoldcoin
Youtube: https://www.youtube.com/channel/UCUo-D88vDTvntg2QhxDqBGQ
Bitcointalk: https://bitcointalk.org/index.php?topic=5161544
Whitepaper: https://gold.storage/wp/White_paper_en.pdf

Authored By Pedobear a.k.a Dhemas putra/dhemasm(bitcointalk)
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1049524

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