DevenSoni digitalcurrency gold Cryptocurrencies Gold-backed digital currency is 'almost a certainty,' can transform monetary policy - Deven Soni
- As the U.S. dollar rises in value against other currencies, limiting countries' ability to set independent monetary policy, gold-backed digital currencies are likely to be adopted, said Deven Soni, CEO of Matador Gold Technologies.
Soni said that gold's performance has been stable, given volatile and uncertain investment conditions, and that gold will likely see improvement. Soni claimed that those who own risk assets like Amazon stock or Bitcoin"expect a little more downside."
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