Everything That You Need To Know About Why Gold So Valuable

We know that Gold is shiny, metallic, and melts easily into any form like bars, coins, decoration or even jewellery. Compared to the other commodities out there, gold won't rust, corrode, or even decay. But that was from the scientific side, Now lets we talk from the general side why is gold so valuable and used as the global standard for money?

In this short article, we will explain why gold has a special place in our economic ecosystem and try to explain why gold can become so valuable and what role it can play in the global economy.

History Proven

Basically, gold has held a fascinating place in human societies since the beginning of recorded time. We know a lot of empires and kingdoms were built and destroyed over gold and this continued until today when our societies developed, gold was universally accepted as a satisfactory form of new payment mechanism, the history itself has given gold a power surpassing that of any other commodity on the planet today, and that power has never really disappeared.

One of the most common examples is the U.S. monetary system which was based on the gold standard back then until the 1970s. This mechanism offers a new monetary system that effectively controls the expansion of credit, thus it'll enforce discipline on the lending standards where the credit that was created before is linked to the physical supply of gold. From the fundamental perspective, gold was viewed as a favourable hedge against inflation and also a new function as a good store of value against a declining currency.

Low-Risk Investment

Unlike other commodities such as oil or wheat, Gold does not get used up or consumed. Once is mined, it stays in the world. On the other side, oil is turned into gas and other products that are expended in your vehicle gas tank. Grains are consumed in the food for humans or animals. Gold, on the other hand, is turned into jewellery, used in art, turned into the bar, locked away in vaults, and more.

Gold's chemical composition makes it a precious metal that cannot be used up and it was permanent, It also has a negative correlation with some assets like USD thus making it more resistant to inflation and a good investment alternative.

Gold supply-demand can be made for commodities like oil and grains that don't hold so well like gold. This mean, the supply will only go up over time, even if the demand for the metal dries up.

Flexible

Gold becoming one the most flexible commodities that can be traded anywhere with the same value on the offline retail or online gold exchange without high spread order. It's liquid and basically can be used in most of the world as a medium exchange. Gold was also used as the standard currency for trading activities, for example in the cryptocurrency market.

Access the Gold and Crypto Market Easily

The Internet offers various new innovations on the global market, and blockchain technology becoming one of them, this technology becoming one of the most unique innovations where it offers a new decentralized mechanism to provide new transparency monetary system to everyone.

Today, with cryptocurrency you can buy tokenized gold assets through the Digital Gold marketplace platform, and users can also access the huge crypto market. Blockchain technology itself that is used in the ecosystem will ensure cheaper & faster transactions with more transparent mechanisms. 

Digital Gold team itself was also offering tons of new and unique features, for example, such as real-time gold and crypto trading price chart, 24/7 support, and low spread with a high liquidity market. The Digital Gold team will also be creating new tokenized assets where it'll representing real physical gold stored in the Bullionstar vault.

Conclusion

Gold it's a rare, valuable commodity throughout human history. It's becoming one of the most unique assets where it offers a form of inflation-resistant assets with more stable and solid returns for a long-term saving option, on the other side crypto is a new market where it's more volatile but it offers higher returns and profit. The Digital Gold team will provide a new and robust blockchain-based gold marketplace platform where it's offering more flexible options with the faster and cheaper process to access both markets more easily. Therefore I really recommended you guys try to buy gold with your crypto asset on the digital gold platform!!

I think it's enough, Guys Don't forget to Follow, Comment & Upvote my article, I hope this article can become a refrence for you to invest more effectively and i will give some useful links related to Digital Gold Marketplace below. Thank you very much!

Website: https://gold.storage
Twitter: https://twitter.com/gold_erc20
Reddit: https://www.reddit.com/r/golderc20/
Telegram: https://t.me/digitalgoldcoin
Steemit: https://steemit.com/@digitalgoldcoin
Youtube: https://www.youtube.com/channel/UCUo-D88vDTvntg2QhxDqBGQ
Bitcointalk: https://bitcointalk.org/index.php?topic=5161544
Whitepaper: https://gold.storage/wp/White_paper_en.pdf
Gold Price: https://gold.storage/en/market

Authored By Pedobear a.k.a Dhemas putra/dhemasm(bitcointalk)
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1049524