Your best three options are, the Swiss franc. They have unpack their currency from every other currency out there and simply back it by real assets like gold, land, real estate raw materials, materials and more. Two, the euro and three, the British pound out of those three.
Only the Swiss franc has made it a priority to tackling inflation by not printing more money, the double digit inflation Switzerland has to keep it under bet against the Swiss when it comes to money. Number five, Bitcoin is the God father of all hedges against inflation and by far the best performing asset of the past decade for the dollar has lost ninety nine point nine percent value against Bitcoin.
This is the purchasing power of the dollar against Bitcoin for the strong believers in digital currencies. Here's what we think is going to happen in the near future. It won't be long until the US will completely move from Fiat to a digital dollar and other countries will follow suit. The top ten biggest economies in the world will each issue their own digital currencies. Bitcoin is digital gold and will exist alongside these digital currencies as a true store value.
If you think your government is diluting your wealth, you will simply switch your holdings from the digital currency to a Bitcoin and hold onto it that way. This is going to be a much more transparent and effective way to manage your funds in the future. Even better, every billion dollar institution out there knows this is already and patiently waiting for a spot Bitcoin EFT to approved by the speed in the past few years and were expecting it to approve in twelve months.
When this happens, every major business in the United States will convert a portion of their balance sheet to Bitcoin to make sure they have diverse survived portfolio. And since Bitcoin has a limited supply, there will never be more than twenty one Bitcoin and circulation laws of supply and demand will come into play. A lot of demand for a limited supply will shoot the prices up.
That's why high profile hedge funds like investments, see bitcoin value, bitcoin store value and wealth protection that year when the price was at 1 millions rand. The most effective way to get started for someone who has never taken the time to learn about the industry and wants to begin is to research online. In just a few hours, you'll be all set up with true bitcoin on your hardware wallet.
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