You are viewing a single comment's thread from:

RE: 3 Reasons Why a Gold or Silver Standard is a Bad Idea

in #gold7 years ago

Probably will be the topic of a future article/video. I've checked out One Gram as well, and I might buy a gram or two. It's better than a government created one, and it might be better than a non-backed crypto. Although, cryptos should be decentralized, and OneGram requires a level of centralization, since the gold is stored in a vault. It still requires a certain amount of trust as well, trust that they have all of the gold they say they have.

Sort:  

Agreed, again. If you don't hold it, you don't own it. At some point you may have to trust someone.