“Will The Bitcoin Replace Gold?” – Gold Goliath

Posted on :Dec 05, 2013

The latest greatest everyone will be rich investment is well under way. Crypto currency is the new wave of the future. Even Fed chairman Ben Bernanke said he likes it. His endorsement of the Bitcoin alone should be a red flag to investors and speculators worldwide. The Fed only endorses what it can control.

Using the bitcoin, financial transactions can be carried out digitally without the need of a central authority or financial institution. Who developed Bitcoin is still unknown but remember, Ben likes it. If digital currency is here to stay you can be assured that the Fed will offer its assistance in supervising the industry.

Does the bitcoin have intrinsic value? No. It is no more real money than any fiat currency used in the world today. Be assured that gold will not be relinquishing its rightful place of prominence to this new fad. Gold is still what it always has been and will be, real money.

Gold Goliath is not your typical gold dealer.

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