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RE: Why Goldmoney will change the world.

in #goldmoney7 years ago (edited)

Would be nice to get an in depth video review on how your experience has been so far. I am looking into Goldmoney. What are some advantages vs buying physical bullion? Would be nice to hear your perspective. @goldmatters

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Would be happy to tell you! Actually when you buy gold through Goldmoney it IS physical bullion. You are purchasing physical gold that is vaulted for you at one or more of several vaults around the world. The vaults are audited and insured. I would say one of the primary advantages of owning gold this way is that you can also transact with your gold. You can send gold to other users and also use gold to purchase things. In addition, you can buy gold incrementally and automatically if you set a recurring purchase plan which allows to buy gold in very small amounts on a regular schedule if you want. Does that makes sense?

Interesting. Thank you very much. Do you purchase with Crypto or Fiat money?
I understand if you purchase with Fiat you can physically go to the vaults as well as arrange to have Gold delivered to you.
Can you physically pick up the Gold from Dubai vault or send it from dubai if purchased in Crypto?

You can purchase with fiat or crypto but there are specific restrictions when using crypto and that option is only available through the Dubai vault at this time. Here are some more details regarding the Dubai vault specifically : https://support.goldmoney.com/customer/portal/articles/2329719

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