💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Is Crypto Superior To Gold? Here's What This Ethereum Co Founder Thinks

Published 02/11/2022, 19:48
Updated 02/11/2022, 21:11
Is Crypto Superior To Gold? Here's What This Ethereum Co Founder Thinks
GC
-
ETH/EUR
-
CRCW
-
ETH/USD
-
ETH/USD
-
ETH/EUR
-
ETH/JPY
-
ETH/GBP
-
ETH/JPY
-

Vitalik Buterin, Ethereums's co-founder, believes that crypto is superior to gold.

According to him, "gold has less adoption than crypto, so crypto is the better bet."

Not every crypto is created equal, since there are many small, risky altcoins, but Ethereum has many purposes.

For example, it pioneered smart contracts that can automate many tedious contract processes in real estate, health care, finance, and logistics. Its technology is also used with other coins that are revolutionizing virtual land, NFTs, and the supply chain process.

While Mr. Buterin believes crypto is superior to gold, that doesn’t mean you shouldn’t include one asset over the other in your portfolio.

With A Self Directed IRA, You Can Invest In Gold And Crypto While Retaining Key Tax Benefits! Self directed IRAs make it easy to invest in non traditional assets with great tax advantages and legal protections. Celebrities like Football legend Joe Montana and former tv personality Bill O'Reilly (NASDAQ:ORLY) both have these accounts.

Joe likes Augusta Precious Metals, which makes it easy to set up one of these accounts in just 15 minutes.

Bill recommends American Hartford Gold, which offers a 100% FREE IRA rollover. This offer also includes FREE storage, maintenance and insurance for 3 years.

Image sourced from Shutterstock

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.