I find it surprising how much cripots trade like gold and silver, when gold and silver have not been looked at as currency for so long . I'm no trader but it looked interesting to me, the way that was happening.
Ok i will resteem no worries I liked the post so it seems fair to me. I have over 400 followers.
@thehomesteadlife thank you. The issue with gold is that it is not easily divided up into proper amounts, and also transferring it is an issue. It has the test of time on it's side I won't deny that, but as a store of value, it lacks some things when you compare it to crypto.
I agree, gold is obsolete, doesn't have any kind of flexibility. thats the thing that killed it off I guess. I don't see much of a future for Gold and silver, it had it's last hoo-rar in 2011 and now it's just too over loaded with transaction costs. mostly the bullion side of it any way. It's struggling to even beat the currency inflation rates these days. so the wealth storage properties are under threat as well. Looking to the past to make profit doesn't seem like a good idea. Learning from the past to make profit, makes more sense to me.