Tuesday, July 19, 2022 7:19:49 AM
“For example, AABB Gold Token (AABBG) is a hybrid, gold-backed token from Asia Broadband Inc. (OTC: AABB), a resource company in the precious and base metals sector. The company backs 100% of its gold-pegged tokens with $30 million in physical gold. As a result, every AABBG token running on the Ethereum blockchain has a real-world correspondent in stored gold.
Opting for gold-backed tokens during high crypto volatility reduces your portfolio’s risk of severely dropping value. Also, it enables you to invest in an asset that defies inflation and financial crises.”
https://www.thecoinrepublic.com/2022/07/18/how-can-crypto-investors-protect-themselves-against-crypto-volatility/
"Be fearful when others are greedy, and greedy when others are fearful."
_Warren Buffett
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