|
DeadBirdzz
|
 |
May 03, 2016, 07:31:39 PM |
|
the gold is held in a vault in Singapore and therefore, it is subject to Singapore Law & government control, so I guess one will have to get lawyers involved etc etc........but don't quote me on that..........
|
¯\_(ツ)_/¯
|
|
|
|
bitbitch (OP)
|
|
May 03, 2016, 07:48:13 PM |
|
the gold is held in a vault in Singapore and therefore, it is subject to Singapore Law & government control, so I guess one will have to get lawyers involved etc etc........but don't quote me on that..........
thanks. i do hope that client assets (the gold .et.c.) are partitioned from the company's assets and liabilities. |
|
|
|
|
|
ttookk
|
|
May 03, 2016, 09:06:45 PM |
|
So, here we are, talking about decentralization the whole time (especially with ETH's "decentralize everything" attitude), and then you go out and buy a token, that says a certain amount of gold in a safe somewhere is yours (and it is all in the same safe)? Doesn't make sense to me. Am I missing something?
|
|
|
|
|
|
sandiman
|
|
May 04, 2016, 08:56:22 AM |
|
So, here we are, talking about decentralization the whole time (especially with ETH's "decentralize everything" attitude), and then you go out and buy a token, that says a certain amount of gold in a safe somewhere is yours (and it is all in the same safe)? Doesn't make sense to me. Am I missing something?
If you know how to divide your gold and store it in several place in the world with big security while being able to withdraw it easily, congratulation you are a future rich man.  |
|
|
|
|
|
bitbitch (OP)
|
|
May 04, 2016, 09:12:56 AM |
|
So, here we are, talking about decentralization the whole time (especially with ETH's "decentralize everything" attitude), and then you go out and buy a token, that says a certain amount of gold in a safe somewhere is yours (and it is all in the same safe)? Doesn't make sense to me. Am I missing something?
If you know how to divide your gold and store it in several place in the world with big security while being able to withdraw it easily, congratulation you are a future rich man. and so just buy gold. why bother with DGX and DGD at all? |
|
|
|
|
|
DeadBirdzz
|
|
May 04, 2016, 10:01:14 AM |
|
So, here we are, talking about decentralization the whole time (especially with ETH's "decentralize everything" attitude), and then you go out and buy a token, that says a certain amount of gold in a safe somewhere is yours (and it is all in the same safe)? Doesn't make sense to me. Am I missing something?
If you know how to divide your gold and store it in several place in the world with big security while being able to withdraw it easily, congratulation you are a future rich man. and so just buy gold. why bother with DGX and DGD at all?  |
¯\_(ツ)_/¯
|
|
|
|
ttookk
|
|
May 04, 2016, 10:01:37 AM |
|
So, here we are, talking about decentralization the whole time (especially with ETH's "decentralize everything" attitude), and then you go out and buy a token, that says a certain amount of gold in a safe somewhere is yours (and it is all in the same safe)? Doesn't make sense to me. Am I missing something?
If you know how to divide your gold and store it in several place in the world with big security while being able to withdraw it easily, congratulation you are a future rich man. Huh? I thought the gold is in a vault in singapore? |
|
|
|
|
|
sandiman
|
|
May 04, 2016, 10:03:07 AM |
|
So, here we are, talking about decentralization the whole time (especially with ETH's "decentralize everything" attitude), and then you go out and buy a token, that says a certain amount of gold in a safe somewhere is yours (and it is all in the same safe)? Doesn't make sense to me. Am I missing something?
If you know how to divide your gold and store it in several place in the world with big security while being able to withdraw it easily, congratulation you are a future rich man. and so just buy gold. why bother with DGX and DGD at all? Mucher faster trading platform, lower fees, DGD is like having share of Digixdao and earning revenue from their operation (fees collected mostly) |
|
|
|
|
|
bitbitch (OP)
|
|
May 04, 2016, 10:18:24 AM
Last edit: May 04, 2016, 10:29:51 AM by bitbitch |
|
So, here we are, talking about decentralization the whole time (especially with ETH's "decentralize everything" attitude), and then you go out and buy a token, that says a certain amount of gold in a safe somewhere is yours (and it is all in the same safe)? Doesn't make sense to me. Am I missing something?
If you know how to divide your gold and store it in several place in the world with big security while being able to withdraw it easily, congratulation you are a future rich man. and so just buy gold. why bother with DGX and DGD at all? Mucher faster trading platform, lower fees, DGD is like having share of Digixdao and earning revenue from their operation (fees collected mostly) true. so the value of DGD is based on the trading volumes for DGX. where can i see the DGX volumes? how is Digix going to capture market share, and what is its moating strategy to defend itself from the inevitable competition that will come from other emerging 'goldchain' trading platforms? |
|
|
|
|
|
sandiman
|
|
May 04, 2016, 10:25:37 AM |
|
So, here we are, talking about decentralization the whole time (especially with ETH's "decentralize everything" attitude), and then you go out and buy a token, that says a certain amount of gold in a safe somewhere is yours (and it is all in the same safe)? Doesn't make sense to me. Am I missing something?
If you know how to divide your gold and store it in several place in the world with big security while being able to withdraw it easily, congratulation you are a future rich man. and so just buy gold. why bother with DGX and DGD at all? Mucher faster trading platform, lower fees, DGD is like having share of Digixdao and earning revenue from their operation (fees collected mostly) true. so the value of DGD is based on the trading volumes for DGX. where can i see the DGX volumes? how is Digix going to capture market share, and what is its moating strategy to defend itself from the inevitable competition that will come from other emerging 'goldchain' trading platforms? Since I am not a gold trader nor DGD/DGX owner, my answer are certainly not the best. I think the best way for you to know about that is reading their white paper and visiting their website. |
|
|
|
|
redcow
Newbie
 Offline
Activity: 24
Merit: 0
|
|
May 04, 2016, 11:17:43 AM |
|
I don't think that they launched the DGX..
|
|
|
|
|
|
bitbitch (OP)
|
|
May 04, 2016, 11:30:22 AM |
|
I don't think that they launched the DGX..
i was wondering because i see no trace of DGX anywhere. so at the moment DGD is trading as an asset valued on speculation about the future performance of its yet to be released DGX twin? |
|
|
|
|
orendel
Member
Offline
Activity: 84
Merit: 10
|
|
May 04, 2016, 02:21:42 PM |
|
So, here we are, talking about decentralization the whole time (especially with ETH's "decentralize everything" attitude), and then you go out and buy a token, that says a certain amount of gold in a safe somewhere is yours (and it is all in the same safe)? Doesn't make sense to me. Am I missing something?
If you know how to divide your gold and store it in several place in the world with big security while being able to withdraw it easily, congratulation you are a future rich man. and so just buy gold. why bother with DGX and DGD at all? The same reason people buy Gold index in the stock market.. |
|
|
|
|
|
