Quote from: Aurum Project on March 14, 2015, 04:05:19 PM

Quote from: raveneye on March 14, 2015, 02:36:25 PM

This scam has already been run once, maybe even by the same guy:
https://bitcointalk.org/index.php?topic=784286.0

We understand that there were a thousand gold scams in crypto and that trust in gold backed anything is close to zero. This is why we're probably going to sell more coins in regular economy until we deliver proof of gold.

Regarding that topic, all links are down, does anyone have any dox on this? From what it looks, it could have been ok, it it weren't a scam.

I saw no claim of exchanging crypto for gold, there has to be a way to guarantee it at all times (economically, legally, practically), or all claims of a backed coin are unfounded. We're in the proces of establishing this guarantee as the option of exchanging every Xaurum in circulation for its worth in gold. We have described how this will benefit us and you economically, we have created a legal entity to do so legally, and are developing the page to do so practically. If you have any other ideas how to establish this, please share them. We aren't ready to give up the use of crypto because of scams and believe that what is needed to evolve crypto past its current era of scams is precisely to show the benefits of cooperation.

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Yea the value of each coin(0) for gold 0

He is saying because the eventual value is 0 he doesn't need any gold