RE:RE:cryptoCrypto currency is being used as a defence against currency devaluation. It's an inflation hedge and being used by the pupil, banks, institutional investors, hedge funds against government control. I get that but major institutional investor are pumping the use of crypto currency. Is it ready worth the current price - $18,000? I don't think so. Now the price may go higher but the value is only based on what market buyers want to pay. It has no locked in value. Gold however is valued against the US dollar. If the dollar goes down the gold price go up and if the dollar goes up the price of gold will drop. The is a global recognized standard.
We all know governments around the world are printing more money and that currencies will continue to devaluate. Based on the current recognized gold standard being hedged against the dollar I know the price of gold is going higher. Give it time which certainly will be in early 2021 do expect the price of gold to be in the low $2000 range.
I'm not a gambling men I'm going to stay with gold & silver miners.
Perhaps gold currency should be promoted by world banks and distributors like Paypal, etc. Other world crypto currencies are going be promoted in the market as well. What will that do to the BIticon market?