Recent turmoil on various financial markets have tested an important milestone; where, should money go when the reserve reference value of the US Dollar demonstrates considerable risks.

Other than the Swiss, Euro, and Japanese currencies, the flight to gold as the default failsafe is again shown to gain stature among investors and asset custodians worldwide.

The emergence of bitcoin as a digital counterpart to alternative currencies and gold now seems to strike a balance between risk and return.

Gold on its own, when it is not encumbered to any financial instrument, does not earn a return via a dividend, currencies do.

Will bitcoin continue to be elevated into greater mainstream recognition as the next viable version of a robust currency that is essentially free from the influence of any single governmental entity?

#bitcoin #crypto #finance #money