Gold vs. PurpleCoin: Which Is Better?
In times of economic uncertainty, people crave and search for financial security. Moving away from risky investments, such as stocks and more towards safe havens like gold or PurpleCoin. Both are valuable, stylish, offer exceptional portfolio diversification, and make for an excellent Valentine’s day present.
But what the heck is the difference between Gold and PurpleCoin?
Well for starters, gold has a historic value that spans more than 7,000 years. Civilizations across the globe have used gold to protect their wealth, build their wealth or wage a war.
Gold was the universal standard of trust, primarily due to the difficulty in locating it and the intense labor to mine it. Gold became the symbol of wealth throughout Europe, Asia, Africa, and the Americas. But of course, that was before the internet.
Welcome to the digital age. PurpleCoin represents a new symbol of wealth. An asset that doesn’t need a bank or a complicated safe to secure it. It doesn’t even need a gigantic truck to transport it.
PurpleCoin is the new royalty payment system for creators, but lives on thousands of computers across the globe.
Decentralized, transparent and encrypted.
Consider the following scenario:
Let’s say you need to drive from New York to California – at least a 2,000-mile trek – and have to choose between the Model-T Ford or a brand-new GMC truck. While the Model-T is an impressive and beautiful car, it also hails from an archaic era. While the Model-T would make a great show-car in a parade, it isn’t prepared for your arduous cross-country journey.
This “thousand-mile trip” is a great metaphor to use when considering gold versus PurpleCoin. While gold still maintains its historical standard (like the Model-T Ford), it isn’t the investment meant to make the distance to a safe, secure future.
Advantages of buying PurpleCoin:
- An investment in the growth of PurpleThrone.
- It’s a digital asset as well as a physical asset.
- It appreciates in every market condition.
- It can be easily transported around the world.
- Highly secured with military-grade encryption.
- Highly Liquid. Sell at any time.
- A collector’s item valued for its rarity.
- Makes the perfect Valentine’s Day Gift.
Disadvantages of buying Gold:
- It’s a physical asset only.
- Bulky, heavy & metal; very difficult to hide in your home.
- Expensive storage and insurance costs.
- Expensive transportation costs.
- Isn’t a growth investment in any company.
- You may have to wait years for gold to go up in value.
The main advantage of PurpleCoin over gold is that it offers you the safe haven of gold during political and economic uncertainty as well as the upside of stocks during economic prosperity.
PurpleCoin gives you the best of both worlds. The safe haven of gold and the exponential growth of stocks.
PurpleCoin’s value is in-part, attached to the sentiment and infinite pipeline of new content from content creators.
This advantage allows parent company, PurpleThrone to thrive under any market condition.
PurpleThrone’s overhead is minimum, its cash flow is continuous and it isn’t reliant upon any one government to survive.
As with any investment, it’s important to consider the time frame of investing, as well as conducting your own market research for a complete understanding of how markets perform. PurpleCoin is not a fool-proof investment, as with stocks, bonds, commodities, real estate, or gold.
However, if you are a successful person who’s open-minded, innovative, forward-thinking and knows how to diversify, PurpleCoin may be right for you.