With blockchain being applied in every facets of our lives, tools through which the technology is accessed has erupted over the years as well. The innovation keeps expanding and horizon widens day in day out. The cryptocurrency market is one which has attracted a very large number of participants over the years from across the world but this market has faced one major problem and which has scared all the new people which it has attracted of recent. This problem is the problem of high and unending volatility in the market.
The cryptocurrency market witnessed a high volume last year December with new money coming in and old members gaining from the spike in price of diverse cryptocurrency. But in the wake of time, all that joy was over as the market for months now have faced a steady decline in price and price crash as well. This is all because the prices of each cryptocurrency vary and there is not any stable steady currency in the cryptocurrency market. The benefits of stability can not be over emphasized as it curbs high volatility and don’t make people lose out on their investment fund.
The new revolution
Golden currency, is proposing a stable currency which will be used both on and off chain for transactions. This will happen as the golden currency will be backed by the blockchain technology and can easily and readily be used for crypto transactions, on the other hand, it will also serve as a fiat currency which will be used for fiat transactions. This golden currency, is backed by gold and one can open a golden account which can be used for money transfers across companies or borders. Using the blockchain, this currency will be a more transparent one which will not be susceptible to excessive mints as seen in the government consistent mint of fiat currencies. Golden currency can be used any around the globe for easy and swift transactions. This is a new revolution, a change in world at large.
Golden currency, will not only enhance the stability of currencies, it will serve as a link between both cryptocurrency and fiat money. People will be able to make transactions both between cryptocurrency and fiat money through the golden currency bank. This is because of the integration of blockchain technology in the golden currency project. Golden currency offers anonymous transaction to users all thanks to the anonymity of the blockchain transactions. Golden Currency is a new financial revolution which is cutting across both the cryptocurrency market and the fiat world, is like bringing two great worlds together to operate from one single post which is Golden Currency.
Essential Links
WEBSITE: https://www.goldencurrency.world
WHITEPAPER: https://www.goldencurrency.world/white_paper_eng.pdf
Ann Thread: https://bitcointalk.org/index.php?topic=2994066
Telegram: https://t.me/Golden_Currency
CONNECT WITH ME: https://bitcointalk.org/index.php?action=profile;u=2156513
If only the encryption money can be secured...Ironically... look good
Please understand me because I am Korean, I feel awkward in English