Ways to use GOLD tokens, part 2: protecting your assets from inflation with minimal volatility

Residents of many developing countries have little to no options when it comes to saving money for the future. To put things into perspective, we propose an imagination experiment. Consider a citizen of a country in Africa, Asia, or Latin America with an average income who wishes to preserve their savings, and earn a profit of $50-100 on a monthly basis.

The first thought for many would be to put the money in a bank deposit account. Unfortunately, in many regions, the nearest bank might be hundreds of miles away — and even if you manage to get there, preserving your savings' value (to say nothing of increasing it) would be impossible. Interest rates on deposits in most countries are barely above zero, and inflation does the rest. Unfortunately, in developing countries, users face other risks, like: the threat of banks going bankrupt or military coups that could lead to hyperinflation, and so forth.

Perhaps one should invest in the stock market? When dealing with small sums, doing so if often too complicated. And what about investing in a business? Harsh statistics reveal that only 10% of new businesses survive.

It seems like a vicious circle — and until recently, it was. But then cryptocurrencies emerged, providing a solution to most of these problems — except for one. People who save a little bit every month are not prepared to see their savings repeatedly lose most of their value only to increase again a few weeks later.

Stablecoins appear to provide an answer, but even they are not perfect. Indeed, their volatility relative to fiat currencies is minimal, but they don't really help you preserve and increase your holdings. Stablecoins keep losing their real value to inflation - in this sense they are just like bank deposits with a zero interest rate.

For this category of investors, GOLD stablecoins can be the optimal solution. On one hand, GOLD tokens are not affected by high-volatility, unlike the cryptocurrency market. On the other hand, they preserve their internal value thanks to their constant rise in value relative to all fiat currencies, since the price of gold keeps growing.

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

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