I don't understand what the problem is, there are other reputable companies that engage in the same business. This company is just the first to monetize by utilizing the convenient and global accessibility of crypto-currency as the underlying security. Its a reasonable proposition.
I think I first heard of the company below when the CEO was interviewed on Joe Rogans Podcast. Now that I think about it I remember him talking about a debit card that could be utilized for everyday transactions from the Gold that you own, Arbitrade is also working on the utilization of gift and debit cards into their platform.
https://www.goldmoney.com/holding-overview Exactly , the poster I was responding to has popped up bashing and then bashfully playing the interested skeptic that just wants to warn people of the obvious pitfalls in investing while also repeating half truths of other posters and anything in a negative way .... fact is , this plan is not only well liked in crypto world, it's something that people have wanted to accomplish for long long time & its only now with blockchain & smart contracts that it's really possible . There are some questions un answered & it is crypto but the guy is just bashing ....
Obviously someone is holding enough to play with the price a bit and at the same time buying more so I would expect to see some blatant attempts at making the project look suspect ..... And what's HFW stand for lol ... just google HFW law and you will get it , that's them .. 18 offices around the globe
I like the peco 12345 too , cheers on that
" fact is , this plan is not only well liked in crypto world, it's something that people have wanted to accomplish for long long time & its only now with blockchain & smart contracts that it's really possible" - What is this that was not possible before? Gold backed currency? Possibility to purchase gold bullion? - I can see the clear advantages of a gold backed crypto currency but Gold back currency is not a new phenomenon. Again to make things clear: Those of us who were skeptical from the start about this project had the right to do so because there was little credible information available publicly. Cryptobontix as acknowledged as much and promised to be more forthcoming going forward. Don't confuse Skepticism and Cynicism. I ask for evidence, I ask for objective truths... That's what a skeptic seeks. A cynic would never care for evidence.