Can you physically pick the gold up in Dubai as well? @craig-grant? Do you think it makes more sense to buy using a Bitpay card that way its in fiat and there are 0 restrictions for vault location? - What is your experience overall with them so far?
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we really need to have a drone delivery system for drones so noone can steal the gold (unless someone hacks the drone to fly the gold somewhere else) maybe we should use carrier pigeons....)
But imagine a local gold store chain that accepted bitcoin for gold and silver coins and bullion! we should use gold backed crypto currency like wit Bitshares peggged tokens....
But I think we could open a gold an silver store that let you buy or sell gold for bitcoin or bitcoin for gold (or dollars) an we could have everthing! we can buya nd sell gold dollars bitcoin diamonds, and allow peopel to ttrade them all liek an exchange! We will let people take posession of teir physical gold from any our franchises we setup invery cityin the world!
We let steemit users signup to run a franchise! They buy the gold an silver and bitcoin and we do marketing and when anyone wants to buy or sell bitcoin for gold or gold for bitcoin, OR if you want someone to keep your gold or bitcoiin safe we can act like a bank and we can use bitcoin as a way to settle debts between our franchises, so that if one franchise needs some more bitcoin to give to someone whose giving them gold, we have another franchise or mainoffic esne dthem the bitcoin they need for that trade! And of rhey ned more gold to give to someone for thir bitcoins , we just send them bitcoin so they can go buy up cheap gold off ccragslist and local sellers!
we attract people with low rates and the ability to buy gold or sell it directly with bitcooin! dude check out my recent post about gold plated DVDs for storing bitcooinalets lol i already sent u the link but yeah its acttually relevant to this convo! (sorry for my keybaord a couple keys are broken ) https://steemit.com/bitcoin/@ackza/we-should-store-bitcoin-and-crypto-currency-wallet-private-key-data-on-emp-proof-24k-gold-kodak-dvdrs-that-can-last-for-over-10 I think u will like this idea! its EMP proof! gold plated dvds are what the smithsonian use to archive old movies and images etc
This is a very interesting idea. I need to dive back into BTS. It has been a while.
I tried to use goldmoney, cause I was interested in promoting it, but after experiencing their web site, I quit cause it felt shady, with all that money they can do better for user experience, and that made me think they don't have all that money, or it's being mismanaged, can't trust human beings, blockchain technology FTW