Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
nyatso88
on 25/09/2018, 14:58:59 UTC
https://www.ccn.com/why-ethereum-co-creator-believes-days-of-1000x-crypto-growth-is-gone/

I was reading this article where Vitalik Buterin was saying that cryptocurrencies need to move from being speculative tools for millionaires to being integrated in genuine economic activity. I reckon Goldma is ahead of the curve with this one. The GMA token is tied to veritable production. All of you guys who are participating in our ICO are participating in the extraction and marketing of real gold.



I think he has a point there. It high time people start treating digital assets as investments instead of looking at it like gambling. Goldma has demonstrated that they are a real business which is a good thing.


Well to add to that (in that the need to "start treating digital assets as investments instead of looking at it like gambling"), another thing he said was that "the growth as seen in 2017 in the cryptocurrency sector is gone". I disagree: I personally do see more growth AFTER we see adaptation of all these crypto ideas. The concept of crypto becoming mainstream and trumping the use of fiat: we're not there yet but once we get there I see more growth within this medium.

Yah, I think he may have underestimated the potential of asset-backed cryptocurrencies. Perhaps it applies to utility tokens because many are now aware that they are not a store of value, this is the only reason why cryptocurrencies are not skyrocketing anymore, but it will only take one game changer to prove him wrong. Goldma might be the one.