{"id":5,"date":"2016-09-29T01:19:37","date_gmt":"2016-09-29T01:19:37","guid":{"rendered":"http:\/\/www.bestfittechsolutions.com\/bestfittechsolutions\/members\/"},"modified":"2018-07-15T20:52:46","modified_gmt":"2018-07-15T20:52:46","slug":"pros-and-cons-of-hard-currency","status":"publish","type":"page","link":"https:\/\/www.bestfittechsolutions.com\/bestfittechsolutions\/pros-and-cons-of-hard-currency\/","title":{"rendered":"Pros and cons of Hard Currency"},"content":{"rendered":"<p>by David Chen<\/p>\n<p>Hard currency, or precious metal currency, has the following advantages over currencies in other forms:<\/p>\n<h2>Pros<\/h2>\n<ul>\n<li>good inherent value, with little worry of unwillingness to accept from groups or individuals.<\/li>\n<li>easy to carry and easy to cut-and-divide<\/li>\n<li>rarity provides opportunities for investments and speculation<\/li>\n<li>as foreign exchange currency, hard currency (especially gold) provide stable gold-parity value<\/li>\n<\/ul>\n<h2>Cons<\/h2>\n<ul>\n<li>even with its high coincident demand, precious metal currency has lower utility value comparing to commodity currency (one cannot eat or provide shelter with gold for everyday survival).<\/li>\n<li>limited reserve and production imposed restrictions on international trade and investment opportunities, therefore had to be abandoned as base for international currency during the 1970&#8217;s to reflect the bulging world economy<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h1>Does Transparent Gold possess the best of both worlds?<\/h1>\n<p>Answer: Yes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>by David Chen Hard currency, or precious metal currency, has the following advantages over currencies in other forms: Pros good inherent value, with little worry of unwillingness to accept from groups or individuals. easy to carry and easy to cut-and-divide<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/www.bestfittechsolutions.com\/bestfittechsolutions\/pros-and-cons-of-hard-currency\/\">Read more <span class=\"screen-reader-text\">Pros and cons of Hard Currency<\/span><span class=\"meta-nav\"> &#8250;<\/span><\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-5","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.bestfittechsolutions.com\/bestfittechsolutions\/wp-json\/wp\/v2\/pages\/5","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bestfittechsolutions.com\/bestfittechsolutions\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.bestfittechsolutions.com\/bestfittechsolutions\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.bestfittechsolutions.com\/bestfittechsolutions\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bestfittechsolutions.com\/bestfittechsolutions\/wp-json\/wp\/v2\/comments?post=5"}],"version-history":[{"count":5,"href":"https:\/\/www.bestfittechsolutions.com\/bestfittechsolutions\/wp-json\/wp\/v2\/pages\/5\/revisions"}],"predecessor-version":[{"id":80,"href":"https:\/\/www.bestfittechsolutions.com\/bestfittechsolutions\/wp-json\/wp\/v2\/pages\/5\/revisions\/80"}],"wp:attachment":[{"href":"https:\/\/www.bestfittechsolutions.com\/bestfittechsolutions\/wp-json\/wp\/v2\/media?parent=5"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}