RE: Tally12 Oct 2020 12:40
We all have to stick our money somewhere , you could leave it in the bank and have currency risk (GBP tanks versus other currencies) and get a really small interest rate (lower than inflation) or you could put it in what is usually a safehouse during times of economic uncertainty (precious metals), for many people directly investing in precious metals is very difficult and expensive, Tally gives the best of both worlds, direct investment in Gold in a very easy way, yet it remains as liquid as cash, you can spend it like cash or withdraw it very easily. Of course if gold goes down in price it drags down your value but as I stated above, its not tied to a currency and you are protected from currency risk. In the future I would like to see other assets able to be used apart from Gold, so Tally customers can hedge there bets or take a preference. This is of course just my own opinion as a private individual and not an official response as a member of the board