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RE: Gold vs Bitcoin? No ..Bitcoin '&' Gold vs the USD!

in #bitcoin8 years ago

Nice article. I hope you do know that you can trade bitgold in bts exchange. Every bitgold currently into existence is backed by 220% - 890% collateral in bts value and bitgold is worth at least 1oz of gold . bitgold in bts exchange is a decentralized asset on the bitshares blockchain, an IOU from the blockchain if you want and not an IOU from a centralized company. NO ONE can ever take that bitgold from you or make you give it away (unless you get hacked of course).

https://bitshares.openledger.info/#/market/GOLD_BTS

http://cryptofresh.com/a/GOLD

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Oh yes I had seen this on OpenLedger, but knew nothing of it .. other than thinking that someone was going to get sued for using "BitGold" .. turns out the company I was speaking of changed their name to Goldmoney - should have been changed to "Gutlessmoney". :) I am a big fan of OpenLedger and will look at this closely - thanks!

It's all about bitshares.org
Smart tokens all the way