Digital Gold coin the New Gold Standard

fllynija (25)in #gold • 3 years ago (edited)

When you mention the word cryptocurrency, what comes to most people's minds is bitcoin but unfortunately this ecosystem is filled with all kinds of cryptocurrencies built on different kinds of blockchains and bitcoin is just one example.

One part of the crypto market that people don't talk much about are stable coins which are less volatile as compared to most digital currency's on the market. What makes these stablecoins special you might ask, well these kind of coins are pegged to our traditional assets such as a currency like the US dollar or precious metals or stones like gold and our digital currency on the spot light falls in this category. Meet the Digital Gold coin, a coin that is pegged on real golds price value which ensures its less volatile and also store of value is guaranteed as gold has proved to be the perfect store of value for so many years but times have changed and we have to move with time which is why digital currencies are a popular component of our time.

Although most of our currencies are based on a fiat system, most people around the world are adopting and moving to digital currencies at a fast pace. But what makes Digital Gold better than ordinary gold.

GETTING OVER THE HURDLES

And you all know investing in Gold is not as easy as it sounds because there are too many HURDLES to jump such as paper work, Proof of ownership requirements, extra security to safe guard this gem and a lot more such as buying physical gold can be sold with an absurd markup meaning you pay well above the market rate.

An alternative means of investing is to buy Digital Gold which removes all these HURDLES as everything is much better and simplified. Talk of buying the Digital Gold this can be done from your comfort of your home, you also don't need crazy security to protect your investment and the best part of all this this can be arrived with you where ever you go, literally!

Besides the buying and security part, selling gold is a big hustle many gold holders face as There isn't ready markets that will pay for its true value.
Overall, investing in gold has its challenges and barriers, which could be solved by the blockchain technology which Digital Gold is leveraging.

In the era of the blockchain technology, digital gold has emerged as the perfect coin which will remove the need of owning physical gold. Digital gold is essentially a blockchain-based digital token technologically similar to Bitcoin, but unlike Bitcoin the token is backed by a real value which is the equivalent amount of physical real gold bars.

For your own information Investors already have an opportunity to get into the digital gold market by using the digitql goldcoin marketplace https://gold.storage/ to acquire some of these and Market price is always shown which you can use to calculate how much your portfolio is worth. With all this information at your disposal visit the links below to learn more about the digital gold project.