Digital Gold is the Foolproof Way Out for High Inflation Countries.

Luck Mcfly
6 min readAug 14, 2020

In some countries of the African continent such as Nigeria and others as well as in South America such as Venezuela and Argentina, they have problems related to their economy, either due to government mismanagement and / or theft, in which case the general population suffers the failure of an economy in decline, which produces poverty and poor living conditions for the population, for the population thanks to the effect of inflation or hyperinflation.

Many alternatives appear, one of them is through alternative economies, such as that of some markets such as the Stock Market, Forex, Bitcoin, but not all trust these economic alternatives, some continue to trust the safe haven, there it is where gold comes in, and one of the easiest ways to get gold is through Digital Gold, where you can buy it at any time of the day, just go to: https://gold.storage/es/home.

The infallible option is still Gold, because due to its history it has the best reputation for bringing declining economies afloat and eliminating all kinds of economic crisis, but people always look for the best option, the best jobs to obtain quality of life, Some buy gold physically, but it also brings many risks, by obtaining gold securely in digital form through Digital Gold, you are not only buying gold at the price in real time, but the project has the best gold-based support physical that their bullion rests in a vault, where the real movements of the market are taken into account every time there is a transaction with the Digital Gold Token, based on its Ethereum technology with ERC-20 algorithm, making it reliable through its Blockchain with audits in real time, taking into account all types of market fluctuations, that is, eliminating any possibility of making it a corrupt process and thus avoiding all black markets of Gold.

To zoom in on countries like Venezuela and Argentina that are countries with high inflation, the case of Venezuela is one of the most critical, because when observing its economy, the local currency does not recover, in fact, in terms of Crypto it is one of the countries with the highest volume of purchase and sale of Bitcoin according to localbitcoins.com specifically here:

https://coin.dance/volume/localbitcoins/VES , and this gives a sample of how bad the country is economically, now the reason for linking this article is to reach those people from all countries with high inflation, which can read this article and can illustrate themselves in a much safer way without taking into account the volatility of markets such as Bitcoin and having a safe haven market for investment and savings through Digital Gold, which is equivalent to buying Gold but in a much more secure digital way.

The following image shows a list of the countries with the highest inflation in 2019.

Source: https://noticiasyprotagonistas.com/actualidad/argentina-termino-2019-tercera-en-el-ranking-de-los-paises-con-mayor-inflacion-solo-la-superaron-venezuela-y-zimbabue/

It is well known that these countries, if they acquire Digital Gold, their situation would be different, since they would be protecting themselves from high inflationary levels.

When a person buys in Digital Gold, they are not only acquiring Gold, they are guaranteeing the value of their money, where they will not suffer any type of inflation or loss, they will have more security for their person and family, because it is shielded with the safest technology such as of Blockchain, best of all, you do not need any intermediary to buy, just go to: https://gold.storage/es/home and follow the simple steps to acquire the gold you need or require.

You no longer have to think about a retirement or pension, or that you have to work 20 years in a company to achieve it, you can start at any age by buying the amount of gold you want and you can have it saved, if we take into account a few dollars, or amount of money in local currency when it is converted to any type of cryptocurrency such as Bitcoin or ETH, you can easily buy something from the Digital Gold Token with it, it does not matter that it is a small amount of the token, the important thing is that you add and after a few years buying a small amount of the Digital Gold token, you would have a saving and investment to guarantee the best of all retirements, where you can enjoy changing to fiat currency at any time at any time, that is the advantage you have of buy from Digital Gold.

If people from countries with high inflation like Venezuela, if they bought the Digital Gold Token, they would not only protect themselves from inflation, they would be buying something other than life insurance, because it would not matter at all the bad policies imposed by the administration Government, the fact of protecting money through gold, is something that many would like to have at any time, and the Digital Gold project makes this dream come true.

Currently in the world there are fundamentals that affect the price of the markets, some like Bitcoin and Gold, where it also suffers some falls but with rapid recovery, however, gold is the safest and most reliable asset in the world, it can That is why Dubai is so prosperous, because it is a country that has extensive possession of gold, now we may not be able to have it physically, but we can have all the gold that we can digitally thanks to Digital Gold.

When we talk about the movements of gold, and when reviewing its chart in tradingview we can observe:

From August 7 to 11, 2020, gold had a considerable fall, almost from 2071.5 USD to approximately 1901 USD, at the time of writing this article the price is at 1963.71 USD, just when zooming through the behavior of the Gold is seeing a rapid recovery, which shows that it is very safe and that Digital Gold is a very solid project since based on the movements of Gold, the price updates of Digital Gold are instantaneous.

In multiple threads of Bitcointalk they talk about the importance of Bitcoin and if Bitcoin would surpass Gold, where it is technically impossible for now, since Bitcoin is considered one of the best technologies and economies that have a strong representation in the deflationary economy, and Gold due to its great hegemony represents security implemented throughout history where my profile is:

https://bitcointalk.org/index.php?action=profile;u=1153977 where my pseudonym is like: LUCKMCFLY, there is a thread that I created He has been talking about the benefits of gold for a long time, you can verify it in the Spanish section of Bitcointalk:

https://bitcointalk.org/index.php?topic=5179419.0 , in fact there are some articles that are based on how everything would be if Bitcoin was backed in gold? Here you can locate it and the opinion in another bitcointalk thread in the Spanish section:

https://bitcointalk.org/index.php?topic=5182161.0 whose source is from: https://es.cointelegraph.com/news/mark-mobius-argues-bitcoin-should-be-backed-by-gold- to-have-any-value

All this series of studies leads one to think that Gold is priced worldwide by many and few obtain it, the unique opportunity there is to have gold in the amount you want through Digital Gold from your page: https://gold.storage/es/home

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