In a recent panel discussion held in Amsterdam, economist Saifedean Ammous highlighted the significant challenges associated with the physical settlement of gold, raising important questions about its viability as a monetary asset in the modern economy. According to the official information, these challenges could impact the future of gold in financial markets.
Централизация золота
Ammous pointed out that the high costs and logistical hurdles of gold settlement have historically resulted in its centralization under banks and governments. This centralization not only limits accessibility but also undermines gold's potential as a decentralized monetary asset.
Преимущества Биткойна
He argued that Bitcoin, with its inherent decentralized design, presents a compelling alternative for global settlement. By eliminating the need for physical transportation and storage, Bitcoin could facilitate more efficient and cost-effective transactions. This could potentially reshape the landscape of digital asset adoption in the future.
In light of the recent discussion on gold's challenges as a monetary asset, a new report has identified the top 10 essential hedges against inflation, providing investors with timely strategies to protect their wealth. For more details, see read more.
