Digital Gold Coin investment during the COVID-19 era

NEWS CRYPTOCURRENCY
4 min readDec 22, 2020

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In today’s era, gold and cryptocurrency are two assets that are currently seen as potential hedges against market panic, as safe havens in uncertain times such as those we are currently facing by the global pandemic caused by COVID19. These assets are very different, how different they are, in simple terms one exists in physical form and the other is digital. Another difference that can be a fun fact is that gold is as old as the earth itself while others are still teenagers. If we talk about physical appearance, one is sparkling and the other is in ones and zeros (binary). With all these differences underlining, is there a way to marry the two and unite the two different worlds and make them an immortal asset? The answer lies in the DIGITAL GOLD project

What is Digital Gold?

Digital Gold You may ask? Digital Gold is a blockchain-based project designed to bridge real-world assets to digital assets with tokenization and the world’s assets here are GOLD. If you are tech savvy and interested in the fintech business, you may know this that many first generation cryptocurrencies like bitcoin are quite volatile because they are not endorsed and based on speculation but apart from this digital currency has a large loyal community and what better way to do it. leveraging into blockchain technology using digital gold.
Unlike most cryptocurrencies, Digital Gold is a stable coin which means it is backed by something in this case REAL Gold. Why gold and not another asset? Well, unlike most assets out there, gold remains the most stable and reliable asset because it is not exposed to high volatility which also ensures investment security. History has also shown us how volatile and unforgiving assets such as the US dollar can be on financial markets, if two assets are compared since the 1900s. Records show the US dollar has fallen in price by 98%. while gold has increased almost 54 times there is no need to deny that here GOLD WON!

WHY DIGITAL GOLD?

Acquiring physical gold you have fair issues such as buying and holding real gold can expose you to legal compliance issues depending on your jurisdiction, identity disclosure during operations, risk of account being blocked in case of money laundering, trading restrictions in some countries or a risk greater than Storing gold at home can happen. To avoid all this choosing digital gold at all costs is the best way.
don’t delay investing. The sooner you get started, the faster your money will grow. Plus, by starting sooner, you can buy money market funds at a lower value than a month or two later. So, start now.

HOW ALL WORKS?

Interested parties can purchase digital gold on the digital gold platform through smart contracts directly from the comfort of their homes without revealing their identities. Digital Gold coin users can secretly store, buy, and sell gold using gold tokens and send it anywhere in the world without worrying about hostel residents. The gold token is based on the standard Ethereum ERC 20 token with a smart contract from Ambisafe, a world famous blockchain company. and Market prices are always displayed which you can use to calculate how much your portfolio is worth

conclusion.

Stable coins can also act as an intermediary between digital and fiat currencies. The fate of stable coins always looks promising. In many parts of the world, not only is the massive adoption of digital currency recognized, but also its highly decentralized nature and high volatility. The solution to mass adoption lies largely in the stable strength of the coin. Because stable coins are able to eliminate all forms of fluctuation in the crypto market. Apart from that, they are also the standard for digital resources and blockchain innovation. The Digital Gold team provides for all users.
-Again, due to the fact that GOLD tokens are also associated with real gold values. It is also a good stable coin. Users of this coin will benefit from this factor. Stablecoins are a class of modern cryptocurrencies that must provide stable prices and safeguard assets. In the case of Digital Gold, GOLD tokens are real gold in company reserves. It also minimizes market volatility.
-It is important to note that digital resources are effective and widespread. All of these gold assets are secured by gold reak. Good reliability, despite the general volatility in the market

For more insight about the project visit:

Website: https://gold.storage/
Whitepaper: https://gold.storage/wp.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5161544
Telegram: https://t.me/digitalgoldcoin
Medium: https://medium.com/@digitalgoldcoin
Twitter: https://twitter.com/gold_erc20
Reddit: https://www.reddit.com/r/golderc20

Author:apaben
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=1239366

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