Originally Posted by
r3volution 3.0
Yea, I've never really understood the appeal of this kind of service (either for PMs or crypocurrencies).
Say I earn and spend $5000 monthly, with the funds usually deposited into a checking account on Day 1 of the month.
A service such as the OP's protects that $5000 (less as the month goes on, as I spend it) from inflation, but that's it.
Unless one is carrying abnormally large cash balances for some reason, it's a pretty minor benefit.
...potentially more than offset by fees, forgone interest, and variation in the gold price.
If we were in the midst of a hyperinflationary episode, with money noticeably losing value on a daily basis, this might make sense.
Till then, I don't really see the point.