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RE: The Collapse Will Be Driven By A Credit Collapse, Has The Date Been Set? - Episode 1315a
Dave I have already invested in an upcoming Gold crypto currency called onegram, each coin backed by 1 gram of gold plus other benefits. Go to www.onegram.org and download white paper, looks to have big potential
Gold Backed crypto sounds like very good idea. But why would a crypto currency needs to be backed by gold? I think only Fiat can be backed by gold as it has no value. Crypto is already backed by the technology.
Good point if you rerad the white paper they will be reinvesting into the coin , so what is now 1 gramm per coind could effectively be 5 gramms per coin , either way may attact some investors here with 2 benefits 1. the technology and 2 Physical Gold backing
I have invested in Goldmoney. The assets are fully stored in physical Gold and the system is combined with crypto technology. I find the team behind really trustworthy.
https://holding.goldmoney.com
Same long time user very professional indeed! I think a mixturer of stoed and physical in your possession the best strategy , and of course I also like cypto currency but its only for trading
While the idea of a crypto being backed by gold is an interesting concept, I feel that if the gold isn't in your physical possession, then what is the point? I think it would be hard to redeem the cryptos for gold in a financial crisis. Best to just order the gold and take physical possession and store it away. https://karatbars.com/shop/?s=gam160