Ethereum Vs GoldCoin

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  • Today’s Ethereum Price

    1 ETH
    $3416.43

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  • Today’s GoldCoin Price

    1 GoldCoin
    $

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Suppose you have thousands of dollars and would like to go ahead and make a profitable investment. What, then, according to you, would be a prudent and competent deal- investing in gold or a cryptocurrency such as Ether? While the price of Ether has shot up like never before and it stands far and above the current value of gold, there's not an iota of doubt that investing in Ethereum would be a wise option to go with right now.

Ethereum over Gold

  • Ethereum's increasing popularity has taken the world of cryptocurrency by storm and its indisputable record has forced the forerunners of this digital onslaught to believe that Ethereum has what it takes to become the potential safe house of big time investments. In fact, if you do consider the qualities of gold that give it its esteemed stature, then Ethereum is, by all means, a superior investment for online users.
  • One of the major advantages of Ethereum is that the supply level is transparent as well as fixed (in one way or the other), which thus eliminates the fear of inflation that is more or less associated with the overproduction of gold that often lowers its market value.
  • Yet another characteristic of Ethereum is that it is disinflationary in nature because of its supply schedule. Though traditionalists would strictly oppose the idea of gold as an inflationary asset, the veterans of cryptography have to say otherwise. Indeed, if current trends are to be followed, Ethereum's future utility in the form of an exchange, asset or account is more on the stable side, since trade and commerce is gradually breaking paths in the digital world. As Ethereum becomes more and more advanced with its improvised versions and upgraded infrastructure, its market value will soon reach the sky. Your onetime investments would prove to be utterly beneficial and you can later claim huge returns.

Gold Over Ethereum

  • Despite all its positive advantages, Ethereum somewhere lags behind when it comes to trust and reliability. Also, the fact that gold investments are not dependent on the internet gives it the much-needed immunity from technological disruption and freedom from cyber regiments. The government can shut down the internet or ban cryptocurrencies as illegal, which is where the crucial role of gold as a safe and stable investment comes into account.