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RE: Buying Gold on the Blockchain
You only need to register if you want to claim the physical in Singapore the way I read it. I don't see why you couldn't just buy DGX on an exchange if it's under spot and then store it on your ETH address with no KYC needed.
If you don't hold it you don't own it!!
Makes an interesting coin if, like you said, a visible audit trail is provided. I like the idea of DGD also. Pays out quarterly from the 0.13% fees charged per every transaction to share holders.
Could this be a very inexpensive way to have a company store/vault your gold for you. Those 0.13% fees would clbe cheaper than any storage fees charged tlby other gold storage companies (GOLDMONEY)
There are storage fees charged to DGX holders. 0.6% pa that is charged daily. It happens automatically as part of the DGX contract. I don't know if this is considred cheap or expensive though.