Quote from: erok on September 25, 2017, 05:35:16 PM

Quote from: erok on September 25, 2017, 04:14:13 PM

Apologies if I am incorrect about this... but isn't this the antithesis of what crypto essentially is? This would put the worth of said blockchain into what seems to be a lump sum of gold. But assets are diluted due to the POS you have implemented?

Using a centralized source of wealth like gold only increases the risk of the entire project as gold is frequently stolen, sometimes even by governments. I just feel like I see more and more of these pop up and people do not realize the essential value of crypto is not a receipt for what should be in someone's vault. It should be a reward for securing the world's most important resource which is data. Sorry if I am getting preachy. I just do not understand the appeal of stuff like this. Gold is something you buy and hold in your hand. Crypto is something that is decentralized and nobody can ever take it away from you.

Sell me on your crypto, not on gold please. Everything you have been saying is just what the current system is doing and is a huge trust system mess of debt with what used to be enough gold to make every dollar worth some of it. Systems like this deteriorate over time as humans pull crap. How will you deter the negative side of holding gold through a blockchain solution (I suppose is my main question)? I have already read through everything, and it seems like there is no guarantee that someone wouldn't doublespend the gold which would leave your system with whatever debt was left over by the transaction right? Or if someone stole the gold, what would happen to the asset?

Also, you misspelled traders as "traiders" in your PR graphics and it bugs the crap out of me.

Pretty obvious you are only interested in answering the same basic shill questions now to build up the number of pages here to try to create the illusion of interest in the project. These shill questions that are filling the pages are horrible though, you should really adjust the script away from such basic questions as "what do you hope to achieve in the project" over and over and over. This thread is just shills and spam if anyone actually digs into it.

Greetings!

Concluding all above said. Our founders decided to increase cryptocurrencies turnover and bring other benefits out of physical gold by developing custody bots.

With regards
team GOLDMINT