2014-12-12 Coindesk - DigitalTangible Launches Gold-to-Bitcoin Trading Service

[mercistheman]

DigitalTangible has launched a new precious metals service that aims to target gold bar and coin owners who may be considering the digital currency market.

Called Bitcoin4Gold, the service allows verified users to mail physical gold to its dealer network, which can then be exchanged for bitcoin, litecoin, dogecoin or darkcoin.


http://www.coindesk.com/bitcoin4gold-mail-bitcoin-gold-service/

[hua_hui]

Gold is traditional investment instrument. It is seen as a way of storing value and anti-inflation. Bitcoin has the same property. Now the ppl holding gold have alternative investment. Hope the gold price is pegged to bitcoin. Let's see which one is performing well.

[RoadTrain]

Gold is traditional investment instrument. It is seen as a way of storing value and anti-inflation. Bitcoin has the same property. Now the ppl holding gold have alternative investment. Hope the gold price is pegged to bitcoin. Let's see which one is performing well.

There's no any sense in pegging BTC price to Gold or the other way around.
While they share some characteristics, overall they are quite different. And this peg will fail.