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Title: Bullion Bitcoin - New Animation Video Post by: pollen_bit on February 25, 2015, 09:34:42 AM https://www.youtube.com/watch?v=oWt0MDOf9Ps
Title: Re: Bullion Bitcoin - New Animation Video Post by: networthsigns on February 25, 2015, 03:57:20 PM https://www.youtube.com/watch?v=oWt0MDOf9Ps This is an awesome idea , is someone working on it? Title: Re: Bullion Bitcoin - New Animation Video Post by: pollen_bit on March 26, 2015, 01:27:23 PM their platform is live..
Title: Re: Bullion Bitcoin - New Animation Video Post by: rivoke on March 26, 2015, 01:41:50 PM their platform is live.. Is there any thread that discuss this bullion bitcoin. ? I'm kindda interest with something new and awesome Title: Re: Bullion Bitcoin - New Animation Video Post by: Aswan on March 26, 2015, 01:42:38 PM Nice Idea but... Where can you exchange the digital to the physical gold? How can it have the same price world wide if it can only be exchanged at one location? Also, are there any costs involved when exchanging it to physical gold? Can this be done anonymously?
Title: Re: Bullion Bitcoin - New Animation Video Post by: neoneros on March 26, 2015, 01:42:55 PM So where can I turn my gold into bitcoin? It is a very limited exchange and who can 100% convince me they do have the gold to back it up?
It smells like a big scam, you think you have your coins in gold, but it is just on paper. The will sell more gold than they have. All in all it is back to where we started and Satoshi started to think this system was wrong. :'( Title: Re: Bullion Bitcoin - New Animation Video Post by: jbreher on March 26, 2015, 04:22:56 PM For me, too much trust required. Need to trust the physical gold depository. Need to trust that 'digital gold' will not be issued in excess of physical gold. These are big enough barriers for a new entity. But even if all that is on the up&up, need to trust that some government won't come in, guns blazing, and confiscate the gold.
See e.g. Liberty Dollars for precedent. Title: Re: Bullion Bitcoin - New Animation Video Post by: LiteCoinGuy on March 26, 2015, 05:49:48 PM For me, too much trust required. Need to trust the physical gold depository. Need to trust that 'digital gold' will not be issued in excess of physical gold. These are big enough barriers for a new entity. But even if all that is on the up&up, need to trust that some government won't come in, guns blazing, and confiscate the gold. See e.g. Liberty Dollars for precedent. yep. dont trust some people that promise to hold YOUR money/gold/BTC by the way: search for "e-gold" |