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RE: Why SteemCash would be a much better currency than SBD(SteemDollars)

in #steem8 years ago

Well, personally I think that gold could be a viable option too. And silver, of course. I am probably a bigger fan of silver than gold, simply because there is more industrial demand in here than in gold.

But bitcoin is the future in my opinion. Gold may still hold its value, but is it really that portable? Are you going to be carrying a ton of gold in a SHTF scenario? I doubt it.

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I like silver the most as well. It's undervalued relative to gold and its scarcity above ground. Bitgold is a good concept and helps makes spending gold practical. I wish they would do the same for silver. I think precious metals and crypto are where you want to be as the fiats will face a crisis and large revaluation down at some point. IMHO...

Definitely. Silver:Gold ratio is currently sky high, while the natural level shoudl really only be around 1:10.

No way silver isn't going to rise faster than gold.