Introduction
Hey. Today in my blog we will touch upon a very important topic. This will relate to the old model of the world economy and the new interpretation of the world economy, which uses cryptocurrency as currency. Also, I will introduce you to Digital Gold. With a project that will use the so-called in its work, which will ensure the liquidity of the issued funds.
Plan:
- Gold as part of the global economic model.
- Digital Gold — as a new currency benchmark.
- Pros of using Digital Gold.
Gold as part of the global economic model
Gold is a rare precious metal that has ruled the world economy for millennia. And it serves as one of the most important means of payment. There are known cases of the use of gold coins in 560 BC. In 1970, one ounce of gold was worth $39. In 1990, $383.51 was claimed for one ounce. In this unfavorable year 2020, the price also continued to rise. The minimum price is $1453.8. The maximum gold price is $2,069.5.
Since ancient times, this shiny metal has attracted people. Even now, the global financial system is based on the “Gold Standard” laid down in the past. Gold in the world economy is the guarantor of the money issued by the country. As international laws state, monetary units can be exchanged for gold at any time. This is noticeable in time for the interaction of the two states. When calculating their finances, they should always equal the declared number of gold.
Experts in the field of the global economy say the “Gold Standard” makes any economy stable. This is achieved with one rule: you cannot print money if you do not have gold reserves. The gold standard provides practical limits against measures that central banks might otherwise use to respond to economic crises. The creation of new money lowers interest rates and thereby increases the demand for new lower-value debt, increasing the demand for money.
Conclusion: Gold today remains the main element of the global economy. Cryptocurrency has not yet reached the same value as gold. While the cryptocurrency cannot put the “Gold Standard” on the market, which will be integrated into the world economy. However, there is a project from the world of cryptocurrencies "new economy" which uses the “Gold Standard” in the creation of its tokens. Digital Gold is a project that is part of the new economy. Now we will talk about this in more detail.
Digital Gold — as a new currency benchmark
Digital Gold and its Gold token are today the benchmark economic project in the world of cryptocurrencies. A project that you can trust and interact within the long term. Digital Gold has chosen the “Gold Standard” for the world of cryptocurrencies. What does it mean? The project has chosen a stable coin road. A coin that will not have high inflation and will always be able to bring profit to its customers in the long term. Unlike bitcoin, which costs 5,000 or 15,000 or stable coins like USDT, which confirm the stock with money.
Digital Gold is a project that confirms the price of your Gold coin with gold reserves. Just like in the global economy. By making Gold the most stable coin that can generate profits regularly. The economic model of the project is built according to the formula 1 "Gold token" = 1 gram of physical gold of 99.9% purity. Whatever the inflation of the Gold coin, the project issues new coins only by the presence of gold in the vault. Thus, ensuring the stability of the coin. This model worked best in the old economic model. Gold token is built on the wonderful Ethereum blockchain.
The success of the Digital Gold project.
I would like to point out an interesting facet of the project's success. And its growth in the cryptocurrency financial space. Digital Gold started with only 7200 tokens or 7200 grams of gold. In a short period, its assets have grown to 19,200 grams. This means users continue to invest but in digital gold.
Digital Gold - has opened a new way to quickly invest in gold. 24/7 you will be able to purchase a Gold token which will be 1 gram of 99.9% gold. Without any documents. The project also saved the crust of storing physical gold. The fact is that keeping gold at home or in a bank is also not safe.
Trust in the coin.
This is a very complex topic. But I can express my opinion. Unlike most coins, and even more so, we do not take DeFI projects into account. The Gold coin has live auditors. Who monitor the storage conditions and performance of obligations. Bullionstar — act as the repository and auditors of the project. Therefore, there is no need to worry about the growth and storage of our gold bars. And enjoy the full new digital gold.
Pros of using Digital Gold
Digital gold market.
Dear investors, traders and housewives. The digital world can no longer store gold in nightstands. The world is constantly moving. Digital Gold has opened up a different way for us to invest quickly from anywhere in the world. Digital gold or Gold coin = 1 gram of 99.9% gold.
Reliability and stability.
For numbers stable world, big words. A stable coin inspires confidence among investors. And it gives this tool new opportunities. Even the entire market. We need more coins backed by live assets!
Trading instrument.
Trading on a cryptocurrency exchange is constant stress. Prices are constantly rising and falling. Stable coins are needed to take profit "or a loss if the day was unsuccessful." Gold does a great job with this. It is with this coin that you can fix profits.
Long term investment.
As stated earlier, the price of such a coin is equal to gold. Consequently, as gold rises, so does the price of a coin. Gold coin, like gold, is ideal for long-term investments of 5 or 10 years. Money always has inflation. But gold has been bringing profit to investors for many years,
Convenient storage location.
Keeping money at home is a bad omen. Thieves can always get in, or something else. The new world is digital. This is an important fact. Therefore, storage in virtual among your gold will be a convenient and simple way. And do not forget, if you need a large amount of money at night, banks do not work at this time. And Gold from Digital Gold always works for you 24/7
My opinion about the Digital Gold project
I gladly devoted an evening to study this project. Indeed, we have an island of safety in the world of cryptocurrencies. And the model 1 token = 1 gram of gold looks great. I advise everyone to study this project. And maybe you can start your day by investing in digital gold with Digital Gold.
Contacts
👑Website: https://gold.storage/ru/home
📞Telegram: https://t.me/digitalgoldcoin
📞Steemit: https://steemit.com/@digitalgoldcoin
📞Youtube: https://www.youtube.com/channel/UCUo-D88vDTvntg2QhxDqBGQ
📞Reddit: https://www.reddit.com/r/golderc20/
📞ANN: https://bitcointalk.org/index.php?topic=5161544.0
🌏Coinmarketcap: https://coinmarketcap.com/currencies/digital-gold/
Autor:
Bitcointalk Username: anatolij.shishkin
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2280356
ETH 0xae291938EcF7887cbD6edAa42Dec3d9abC9dEa94