Hedging against devaluation with the digital gold token

in #gold3 years ago

Digital gold is very good in the sense that it is an asset that appreciate over time, also expert have said that you should have portion of your wealth on gold. Nations like New Zealand have gold reserve. The reason for that is that they know that the value of currency is actually get devalued as the day pass by.

For example in Nigeria the currency is getting devalued daily.
So having an asset like gold is very essential because you have an asset that the stability is predictable in the fact that how much gold you get is unpredictable. You could go out with your mining machines for exploration and expectation of gold.
First, it is very difficult to locate where gold is. After locating the gold the extraction and processing it takes a lot of time. It is unlike that of money. It is easy to print money on paper, and it get more easier with money. You just take the computer you just add some extra zeros digitally, just devalue the currency. It is something that is very tangible and the central banks are actually buying gold.

The reason I like this platform


The reason I like this platform is due to some certain features. The following are some of the features that made me to like the platform.

1.It is safe for Investment: not everyone will want to deal with the house of cryptocurrency or the house of a volatile currency. Firstly, Let’s talk about the house of a volatile currency.

2.Hedge against currency devaluation: For example if you look back like ten years ago, I think 3 million naira in Nigeria currency now it worth $2,500. You can see there is huge devaluation of the currency. I am even hearing that you can buy a whole tank of petrol for $10, which is by now #7000. There is much devaluation of currency. The next thing you want to purchase it against crypto currency. There are massive gain to been made in bitcoin and the rest of them. If you have been in the industry for some years, you will know that it is not an industry that you will really recommend for people because it is very risky. So you want something to edge your game the versatility from the crypto and the conventional world. 3.No transfer fees

4.It is portable and transferable: It lives in your wallet and you can easily transfer it

5.Security: You don’t pay for custody. There is insurance attached to it and it is using blockchain technology to secure it. Basically, they have certainty gold. They are gold that are not actually gold but it takes the value of gold and its highly crediting. We can buy and sell back. It’s useful as long as possible. A gold market place is a place you can buy gold.

Gold Marketplace



It’s the digital gold platform in-house marketplace to allow anyone buy gold tokens without having to do with KYC on centralized exchanges or deal with high gas costs associated with Uniswap.
In short, you can buy gold tokens with either BTC or ETH and it also offers a quick way to sell your tokens

Supported Wallets


Any ERC 20 token wallet will just be enough to store your gold tokens,these include TrustWallet,Metamask,Imtoken,Myetherwallet or any hardware wallet like Trezor or Ledger Nano

Learn more
Website : https://gold.storage/

Whitepaper : https://gold.storage/wp.pdf

Twitter : https://twitter.com/gold_ERC20

Telegram :https://t.me/digitalgoldcoin

Steemit: https://steemit.com/@digitalgoldcoin

Reddit: https://www.reddit.com/r/golderc20/

Bitcointalk: https://bitcointalk.org/index.php?topic=5161544

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