Bitcoin versus Gold: For Vaultoro CEO Josh Scigala, this question does not arise at all. Both assets are limited in number. One is due to the physical limitation of gold atoms on Earth, the other is due to mathematics. Although Bitcoin is probably the more attractive asset, especially for digital natives, you should not write off gold by any means yet, says Josh.
Therefore, in addition to BTC and ETH, you can also invest in physical gold at Vaultoro, which is well secured in verified vaults.
Terra (LUNA) and the Stablecoin Disaster
Algorithmic stablecoins are “ponzi schemes”, Josh warned back in 2019. He should be right. With the collapse of the Terra ecosystem, trust in algo stablecoins has dropped massively.
Nevertheless, stablecoins have their entitlement in the crypto ecosystem. Therefore, Josh launches with thestandard.io a new, physically secured stablecoin project.
This and more in the current episode of the BTC-ECHO Experts Podcast.