From bartering to blockchain - evolution, tokenisation and the gold v Bitcoin debate: (Part 2) The evolution of money and the emergence of tokenised gold
In Part 1 of ‘From bartering to blockchain: evolution, tokenisation and the gold v Bitcoin debate’, we explored the history of money, highlighting the emergence of tokenised gold in which this cutting-edge concept combines gold's reliability together with the advantages of blockchain technology. This week, our attention turns to prominent tokenised gold issuers, analysing their operations and market impact; we also consider the ongoing discussion about the merits of gold versus Bitcoin as investment stores. Gaining insights into these trends can help investors make more strategic decisions in the digital asset space.
Key issuers of tokenised gold
Sources: Bold, Swarm Markets, Paxos, HSBC, Tether, Comtech, Kinesis, VeraOne, AMINA
Over the centuries, gold transitioned from being a primary form of currency to a reliable safe haven during economic crises, particularly evident in the 1970s. With double-digit inflation, gold's value skyrocketed from under $300 to nearly $2,600, marking a 700% …
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