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RE: Gold – A Commodity, Currency, or Pet Rock? by Roy Sebag

in #gold7 years ago

Yeah, that sounds like the best model we have today and one that goldmoney would work well for. Personally, I'd prefer to keep more value in cryptocurrency as I think it has a much higher upside growth potential, but that's just me. :)

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I understand! Gold and cryptocurrency are completely different classes in my view. Gold is not an investment or a speculation, but should be used as a store of savings imo. Gold should not be compared to crypto as they do completely different things . Crypto has tons of potential upside and also significant risk thus is a seperate profile. I would never buy gold speculating on its price, but to maintain my savings over long periods of time. I speculate on crypto all the time though! ..... I’ll hop off this post as this is Roy’s article but feel free to continue the discussion with me anytime . Thanks Luke