TheMightyX,

our long-term goal is adoption and our opinion is, that wide adoption will always need some central players / entities. E.g. we have so plans for local adoption and distribution of the coin and it also involves a central entity just because the barrier to cryptocurrencies is too high for the average man.

To address your concern of a "single-point-of-failure" related to the Gold backing. You are right. For the community right now, there is the risk that the Orient team fails. We need the trust of the people, that's just it. We need the trust to establish a community, we need the trust to move forward. We will need the trust to make our dreams a reality. If you believe in a system without the need of trust and if you want that system, then Orient is not the way to go for you.