The company’s Chief Operating Officer (COO) of the canadian-based goudmijnbouwbedrijf Barrick Gold, is of the opinion that the precious metals industry, a lot can be learned from the Bitcoin, and the rest of the computer industry.
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Bitcoin is like “digital gold”
While there is often the comparison has been made that the computer with the new digital gold in terms of running, Catherine Raw, the COO of Barrick Gold, the way to go.
In an interview with Fortune that, while a number of experts are saying that bitcoin, like gold, is also a oppotmiddel, the goudindustrie rather, one needs to look at the momentum aspect of the computer industry, or cryptovaluta let’s see.
In Raw defense, chief operating officer of Barrick Gold, the gold, of course, as well oppotmiddel. Gold has a 6,000-year-old’s reputation as an asset is that its value is able to be retained.
In addition: gold is always going to be a certain value, it will remain; it will never be in the direction of the zero movement.
Also, already knew about bitcoin within the next ten years, many thousands of percentage increase, it would be the same way in the direction of zero you can continue. According to her, the major difference between the two assets.
Bitcoin and gold
However, Raw is definitely the future in crypto’s. The phenomenon of the cryptovaluta is something that is not going to disappear.
According to the Raw it would be the goudindustrie it’s something to do with the enthusiasm that the computer knows where to generate it from the investors.
The phenomenon of cryptocurrency, it will continue to be. What I would like is that gold is the most, this trend is going to be utilized. I think that’s the goudindustrie head in the sand with sticks, do not take advantage of these changing demographics.
Catherine Raw, A
Raw is emphasized, in particular, to the need for increased interest in gold by young adults, and millennials.
This population appears to have paved the way for an interest in bitcoin and crypto in general.
Cryptovaluta well-loved by the millennials
By Raw, a point borne out by research, is that Bitcoin Magazine, the Netherlands, last week a letter from the Uk Michelmores LLP. This indicates that the cryptovaluta is a very popular game amongst the wealthy millennials.
The generation that was born between 1981 and 1996, with a fortune of more than $31,000 million, but less than 20% of cryptovaluta as a bitcoin investment.
The average for the country by the British was 3%, so that the young welvaartsgeneratie is over the top. The same group of people who have more than $93.000-to-pay is a whopping 29% of its assets in the cryptovaluta of the investment.
In other words, The goudindustrie have a lot of catching up to in the future (and current) generation to be able to win.
One in the beginning looks like it was made in the cryptosector in itself, with dozens of projects in gold and other precious metals as well spend it on the blockchain.
The notion that there are parallels between Bitcoin and the (rare) precious metal is continuing to increase. Dutch PlanB release on twitter and the various theories about the stock-to-flow ratio.
Here you can read more about this theory, and the prediction is that BTC is in the current one of the cycles can go up to $30,000.
Source: Fortune
(Photo: Flickr / Marco Verch
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