Tokenized Gold VS Bitcoin. Not How It Work.
09 Nov 2022, 15:08
đź’°Tokenized Gold VS Bitcoin? Not How It Workđź’°
Bitcoin is often being referred to as “crypto gold” due to its ability to increase capital, so it’s only natural that some assume there is a competition going on between Bitcoin & Tokenized Gold. Wrong!
⚪ Bitcoin is a digital asset, so how can tokenized gold (which is basically a representation of PHYSICAL gold bars) compete with a 100% digital asset? What tokenized gold does compete with, however, is Fiat currency.
Think of it this way: everyone is used to storing their value in the dollar or euro, but as difficult times approach, people tend to turn to their beloved safe-haven asset — gold. What we at VNX do is offer just that, except in a digital format, which proves your ownership of real gold bars, stored in a secure Liechtenstein vault.
🔺We do not compete with Bitcoin. But we sure believe there is a safer investment space than currency.
👉Find out more: vnx.li