Post
Topic
Board Tokens (Altcoins)
Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold
by
Bitcoin_Arena
on 23/02/2020, 22:01:44 UTC
I just have a small question... Since Gold token is 100% backed by physical gold which is stored in the vault; that is 9,200 token representing 9,195 grams of physical gold.

What happens when someone or a group of people decide to buy more than 9,200 Gold tokens. Let say someone has over $1M worth of BTC and decides to buy Gold tokens worth that from your market?