Steemit Crypto Academy / week 7 /Stable coins - Part2/ lecture/ for @yohan2on

hello today I will talk about the stable coins part 2 exactly a currency that is very large but has very few coins available you can buy the coins you want without problems the value is the value of the current gold. as it is backed by that valuable metal many to all for attending today to my task number 7,

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WHAT IS digix (DGX)

DGX is a stable growing cryptocurrency as Gold is always on the rise. it works with the decentralized Ethereum network on ERC-20 blockchain we can also see that the coin is backed with real fiat Gold which is held in vaults based in Singapore.

When we talk about gold we think of that yellow metal that has a relative density heavier than other metals but at the same time it is very dangerous to walk in this time around the world with it, this currency facilitates its trade in a secure electronic form and very easy to delay when you want in addition to the price is stable and the currency is growing.

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What security does DGX provide?

The developers created a deposit system in bars gold is 99.99% pure gold certified and refined by London bullion market association has all the documentation we are talking about the value of each DGX = 1gr of gold all the information is published so that investors can see and thus have the transparency that this stable currency wants. personally I would like to change in gold since its price will not change unless the gold price changes but it will always go up in a positive way for the investor since gold is currently very coveted and more and more difficult to find.

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WHAT ARE THE ADVANTAGES OF DGX?

since the gold is 100% refined and its value depends on the purchase and sale in the current market and the confidence that the company gives us by showing us the original documentation in digital

works with a digital token on the Ethereum network on ERC-20 blockchain.

DGX is stable, indestructible and its value is increasing, it is not renewable.

is backed by real gold in secured Singapore vaults.

Disadvantages of DGX

You do not hold physical gold in your hand it is a digital currency.

It can be devalued if the international price of gold drops.

There are very few currencies in the market today.

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Conclusion

Besides its disadvantages I love this currency because its price is the current price with gold is a currency that is not governed by any government or organization is centralized but depends on a fiat, is like having gold in your hand but in digital that you can change anywhere in the world for real money but without the tedious documentation to leave through airports and be going through customs I love this currency, thanks to the teacher @yohan2on for your great work done and all the committee of the academy.

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Cc: @steemitblog @steemcurator01 @steemcurator02 @yohan2on

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