Sorry, crypto–the ‘gold standard’ of fiat currency alternatives is gold

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Cryptocurrency helps gold, claimed Sandstorm Gold (TSE: SSL) CEO Nolan Watson.

Watson spoke to Kitco on late November.

Watson said cryptocurrencies are "most definitely a competitor to gold to a particular level," yet the total value of gold internationally is still a number of trillion bucks larger than crypto. Nolan included that cryptocurrencies are assisting educate others on the factor to hold gold.

" Crypto has actually simply captured the minds as well as creative imaginations of all of the young people around there. There's not a single 20-year-old that I know who doesn't have some crypto. It's instructing an entire generation that they require to try to find alternatives [to fiat currencies]

Nolan believes there will certainly be some "projection" for cryptocurrency holders due to "a lot rapid cash."

" Gold actually is the 'gold standard' of choices to fiat currencies."

0:45– Sandstorm Gold's Hod Maden expediency study
5:49– Royalty as well as streaming company is booming
8:43– Inflation and also money printing is mosting likely to assist gold
10:03– Cryptocurrency versus gold
12:05– Sandstorm Gold production outlook
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