Tuesday, June 7, 2022

Asia Broadband Inc

Asia Broadband Inc
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The world is wild, but “boring is good” for your finances

Just when we thought the world was getting back to something close to post-Covid normal, a war erupted on the doorstep of mainland Europe.

The pandemic has shifted to the inner pages of the daily news, but the chaos continues. Inflation is out of control in most major economies. And it’s getting to the point where everybody is shrugging their shoulders and asking: Ok, what’s next?

Gold is still the hold

In the midst of mayhem, one asset tends to keep its head. Gold is one of our oldest forms of currency, and after centuries of use, it remains a go-to hedge for those in the know, especially in times like these.

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Chart tracking the price of gold in the last quarter

The good people at Asia Broadband, Inc. (OTCMKTS: AABB) certainly seem to be in the know as they have made gold and other precious metals their business for the best part of the last 20 years.

The thing that sets Asia Broadband apart from other companies is that they understand that diversification is always as important as being in the right market.

Diversifying into digital gold

In March 2021, Asia Broadband launched the AABB Gold Token (AABBG), a gold-backed cryptocurrency, using $30 million of its own gold bullion as collateral with the goal of becoming a worldwide standard of exchange that is secured and trusted thanks to its unique mine-to-token vertical integration.

By launching a hybrid-crypto whose price is directly tied to gold that the company actually owns, Asia Broadband is doing something that others attempting to get into this sphere can’t come close to. With the AABB Gold Token, Asia Broadband is leveraging the historical stability of gold, wrapping it up in crypto, and placing this unique opportunity in the hands of its investors.

But isn’t crypto too unpredictable?

The truth is that crypto is a developing and relatively volatile asset class. The other side of this coin is that the crypto markets have recently started to mirror traditional markets.

A more mature crypto market may disappoint those who want Bitcoin to operate independently from the markets, like a digital equivalent of gold, but it has significant implications in the long term. It suggests that widespread adoption has begun, and that includes that oh so important institutional money.

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As this recent tweet from Fidelity executive Jurrien Timmer pointed out, boring Bitcoin at this point has a potentially massive upside in the long-term if the current bear market sees more institutional money pour in.

Boring may not seem like much fun for Bitcoin holders today but take a closer look at Timmer’s chart to see precisely where boring might take you by 2026.

Back to those in the know

With crypto entering a period of relative stability and gold doing what gold has always done, now it would seem perfect to combine the two.

This brings us back to Asia Broadband and the recent launch of its AABB Exchange which is home to over 400 cryptocurrencies and 60 trading pairs.

The new addition to the company’s crypto offerings will give AABBG token holders quick and easy access to liquidity and the ability to instantly exchange AABBG for other cryptocurrencies such as Bitcoin, Ethereum, or Solana.

Gold has proven its worth yet again in times of crisis, but a new level of maturity is taking hold in the crypto markets. By bringing together the two through a unique offering that is only growing in scope by the month, Asia Broadband delivers investment opportunities that combine the best of both worlds like never before.

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Purchase AABB Gold tokens by downloading the AABB Wallet!

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