REASONS WHY GOLD IS ONE OF THE MOST VALUABLE ITEMS

REASONS WHY GOLD IS ONE OF THE MOST VALUABLE ITEMS
Most people argue that gold has no intrinsic value, that it is an uncivilized token which does not holds the monetary qualities in the ancient time. It’s been argue that in a contemporary economic environment, printed currency is the money people preferred; which make them to conclude that gold is a material for making jewelry.
In recent time is has been agree that gold has always have value due to the fact it’s a component of decorative jewelry, a sometime currency, and can also serve as an investment. It can also be regarded as commodity, which makes Gold to be both quantitative and tangible, like money, and at the same time.
Value can be regarded as a standard or ideals that is been use to evaluate actions, people, things or situation. It also show that something is importance or useful. From another angle the word Valuable means something worth a lot either as money or usefulness

Component of Gold Value

1. Decorative Jewel: I,e precious stone
2. Serve as currency; I,e medium of exchange
3. Serve as investment i.e an activity carried out within the intention of making profit. We cannot talk about gold as a means of investment without considering Digital Gold. This used blockchain technology to store and to trade. Blockchain on the other hand is a technology that is decentralized and immutable data base network to record and to store value.

Why Digital Gold Adopt Blockchain
 It will help Gold to achieve consumer acceptance by eliminating certain restriction imposed on Gold market.
 Because it Ensure asset security i.e the digital Gold token will be secure as long as digital security is allow.
 It also help in the supply of chain of Gold

Digital Gold
This come into limelight since the actual Buying and storing actual gold process result into some strict legal procedures and the threat of security to consumers. Due to the aforementioned consumers felt hiring a third party to care of the gold transaction is necessary. Which make Tokenized Gold preferably to purchase digitized gold with this customer did not face the risk accounts blocked.
This often happens with brokers due to their restriction.

GOLD Token
Gold token is one of the motives of establishing Digital Gold into create an ERC – Ethereum based which allow user to buy, sell and transfer Gold Investment conveniently without security problem. Gold token is backed up by physical gold which make liquidity not a problem. And it ensure transparent and even allow investors to live audit.

Why Gold is Valuable
 One of the major reason why Gold is Valuable is because of it scarcity i.e its limited supply (Its Rare). Considering the supply of Gold and Silver statistic Worldwide gold stocks sometimes increase by 3000 tons every year considering silver production its 27,000 tons, which show that silver is 9 times supply compared to gold.
 Gold is a natural Metal that will not rust which last forever
 It can be used as money. Its people choice especially in time of recession or war because you could use it anywhere.
 Stable purchasing power which allow individual with Gold to be saved during the time of inflation.

The Bottom Line
Basically gold is the most reasonable choice for a medium of exchange for goods and services and one the best investment means. Because the precious stone is abundant enough to create coins but limited. Digital Gold serve as a courageous and innovative investment opportunity which is meant to cover the gap between the digital ecosystem and gold

For more information visit:

Website : https://gold.storage

Whitepaper : https://gold.storage/wp.pdf

Telegram : https://t.me/digitalgoldcoin

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