Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
Some beneficial points regarding gold. Other great points include that gold is the only financial asset that is not simultaneously someone else's liability.
1) Gold does not require the backing of any bank, government, or brokerage firm.
2) Gold cannot suffer a default or its value fall to zero.
3) No counterparty risk means that once you have physical gold in your possession, you dont depend on someone else to fulfill a contract or keep a promise for it to retain its value.
What do u guys think about it?
1) Gold does not require the backing of any bank, government, or brokerage firm.
2) Gold cannot suffer a default or its value fall to zero.
3) No counterparty risk means that once you have physical gold in your possession, you dont depend on someone else to fulfill a contract or keep a promise for it to retain its value.
What do u guys think about it?
I've been always thinking of investing in Gold. And now I am even more convinced in that.
you can never go wrong with gold,or gold backed currency
