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?
One of the biggest reasons for the low risk with the high reward is that simple inflation will increase the value of any gold you own
. Inflation is almost as certain to happen as death and taxes 
. Gold is possibly the only investment that will protect you from skyrocketing inflation. This is in contrast to many paper-based options such as stocks, bonds, and mutual funds.That is why Goldma is such a unique token,it allows investors from all over the globe to invest in gold! 