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Re: pothen post# 83468

Sunday, 11/06/2022 4:04:47 PM

Sunday, November 06, 2022 4:04:47 PM

Post# of 107215
Guess will find out in the near future:

“Tokenized gold: Lower risk, higher potential

One of the most important things that NFTs could do for gold is the verification of scarcity. There is more gold in circulation today than actually exists in the world. This is because of how hard it can be to verify the physical gold when trading promissory notes. When on the blockchain, the scarcity is immutable and transparent. As a result, investors gain access to a safe asset that is as simple to purchase as an NFT.

Gold is a safe asset that has played a significant role in human society for centuries. It is rare, durable, and often used as a store of value. In times of economic uncertainty, gold prices tend to go up. Sometimes this increase simply matches inflation but is a great currency hedge and a stable asset class in the long run. NFTs are still relatively new to the world, but they are gaining popularity. They are digital assets that are unique and can be used in a variety of ways. NFTs represent ownership. Together, the two assets can create a more robust investment portfolio.”

https://beincrypto.com/nfts-backed-gold-precious-metals-robust-portfolio/




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