Very disappointed at that comment, Bitcointalk seems to be full of negative comments these days. Not at all. This has been in development for over a year, started by me and a few colleagues when we used to mine and trade with Coinex.pw before they went awol.

It's not a scam. It's a legitimate way to create new wealth in society, the current economy is based around the oil price, GDP, and actually by global calculations gold owned by sovereign states and governments has been more than double spent, in fact it has been spent over 5 times its value which is why all current currencies are devaluing all the time.

Couple of facts for you;

1) Around 18,000 children die each day from poverty and disease worldwide according to Unicef. When the European Bank did not do any quantitative easing in 2007 when the recession started, it decided to wait until 2015? The $1 trillion that was printed (against thin air) could have helped save over 40 million lives in that time. Banks print money to increase GDP and make money, they are not at all interested in helping people who do not contribute to making money. That is a fact.

2) Digital currencies DO NOT make new money. People mistakenly think that proof of stake makes more coins and therefore more money. Wrong! Proof of stake acts as a small consistent quantatitive easing process which slowly dilutes and therefore reduces value in that particular coin. Once digital currencies absorb all world money, the same problem will exist, there is no way in which large amounts of new money can be created outside of the GDP / Debt structure. That is why our strategy is different.

You MUST in order to create money at least borrow against tangible goods.

For example, imagine these steps and apply them in a bigger capacity;

You have told there is your dream car for sale at a garage near you.
You havent seen it but you are told by a reliable source that it is there.
You go to the bank and ask for the value against the car.
The bank give you the money because (a) it wants to make money from you and (b) it is a tangible good that you will be getting at some point in the future.
(its up to you how long you wait before you pay for it)
You then collect the tangible goods which have been pre-allocated and then use it.

Compare that with Virtual Gold;

We need to create new money in society but also establish a way where not one country can monopolise that wealth.
Scientific calculation has told us that over 131 trillion trillion tonnes of gold exists in our universe, a reliable source, we could use that.
Th universe is our bank, we know the gold is there, so we can borrow value against that gold.
We issue the money, some for the benefit of society, the remainder is used to create jobs to fund the retrieval and storage of new wealth.
The governments grant permission to "print" money because (a) it needs and wants the money and (b) it pays for things that the government doesnt have to.
There are no urgent repayment terms, because the wealth is almost infinite.
We then collect the tangible goods which have been pre-allocated and then use it (can be 100, 200 even 500 years it doesnt matter).

This scenario is almost identical, and therefore can be applied to global finance.