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babyjesusftw1
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November 30, 2016, 09:48:13 PM |
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So blockchain systems are gonna be the wave of the future in terms of revolutionizing mainstream capital assets? It'll be quite interesting to see how governments employ these systems in the future.
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QuestionAuthority
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You lead and I'll watch you walk away.
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November 30, 2016, 10:02:44 PM |
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Royal Mint Gold (RMG) That is too funny. The Royal Mint is making an altcoin. ROFL
Soon there will be an altcoin for everything. Nikecoin, Hershey'sChocolatecoin, Trojancondomscoin. LOL
Of course, you know this has no more to do with Bitcoin than Dogecoin does, right?
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European Central Bank
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November 30, 2016, 10:37:39 PM |
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i don't see where a blockchain is applicable in this case. there won't be any miners. looks like just another database which has been available for a long ass amount of time already.
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~Bitcoin~
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December 01, 2016, 02:50:32 AM |
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RMG tokens sound more like another altcoin which will be inside company vault so centralized. They seem to only use blockchain as ledger and for sure there will be only some centralized exchanger exchanging this token, i even don't think they gonna have option to buy RMG tokens for bitcoins.
Another bitgold/goldmoney with lots of virtual gold, and even worse which will never be in company vault in reality.
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Velkro
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December 01, 2016, 02:53:45 AM |
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i don't see where a blockchain is applicable in this case. there won't be any miners. looks like just another database which has been available for a long ass amount of time already.
Yup ;] without miners its just another database. Using fancy words like blockchain won't change that. Cloud services all over again when its only putting ur own data to someone's else computers. Fancy words...
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Sir Alpha_goy
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December 01, 2016, 02:55:43 AM |
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i don't see where a blockchain is applicable in this case. there won't be any miners. looks like just another database which has been available for a long ass amount of time already.
Yup ;] without CHINA its just another database. Using fancy words like blockchain won't change that. Cloud services all over again when its only putting ur own data to someone's else computers. Fancy words... Fixed
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Wind_FURY
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December 01, 2016, 03:27:15 AM |
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Royal Mint Gold (RMG) That is too funny. The Royal Mint is making an altcoin. ROFL
Soon there will be an altcoin for everything. Nikecoin, Hershey'sChocolatecoin, Trojancondomscoin. LOL
Of course, you know this has no more to do with Bitcoin than Dogecoin does, right?
Exactly this. That is all hype and them jumping on the bandwagon while "blockchains" is still trendy and a buzzword. Do not worry everyone, everything "blockchain" will come crashing in time then we will all come back to the true and original Bitcoin. I wonder what consultancy group advised them to use a "blockchain". Because they are scamming the Royal Mint out of their money. That is so funny.
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Kakmakr
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December 01, 2016, 05:48:23 AM |
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This is the same as the Zimbabwean government trying to print themselves out of trouble. You create these fake tokens and link some sort of value to it, or a promise that it is valuable and people buy this. The control is still centralized and it can manipulate the operating parameters.
Do not jump up and down about this, because Bitcoin is in no way connected to this. ^hmmmm^
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Milkduds
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December 01, 2016, 07:02:59 PM |
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Just need to trust that the gold is there I guess when you buy the crypto amount. This is really a win win for them as they will never have to prove they have that gold and if the world does go crazy they can just unplug and walk away. I always assume gold is for that day we start eating each other,so I tend to keep my focus on end of days when its a matter of gold to get out alive or die. Its interesting that they are doing this,thought it would be more a way to keep track of gold,since it does seem to go missing in large amounts. Or you can just wait at a truck and walk off with a bucket of gold flake.
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franky1
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December 01, 2016, 07:19:24 PM |
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as some have noted its not bitcoin relatedThe 1,000-year-old Royal Mint is working with CME Group—the world’s largest futures exchange operator—to put $1 billion worth of gold on a blockchain sometime next year.
yet its a hyperledger project, trying to get fame by mentioning bitcoin
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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puddlejumperzz
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December 01, 2016, 10:39:48 PM |
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Vaultoro is more anonymous, faster and easier. Why use that stick in the mud firm?
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donalddlanod
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December 02, 2016, 12:00:31 AM |
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Vaultoro is more anonymous, faster and easier. Why use that stick in the mud firm?
You can make anonymous purchase up yo $5000. It is registered to the email account.
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MingLee
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December 02, 2016, 12:25:22 AM |
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Good concept, interesting market strategy, nice niche that it's filling, but I don't know how well it is going to do. Opening up a new market slice to investors who don't necessarily want to trade in thousands of dollars will likely be a net gain for the mint, and it seems like the blockchain tech is useful for something like this.
Blockchain and the financial trading sector should go hand in hand to be honest, looks good for the future.
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1enterthebtc
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December 03, 2016, 11:45:58 PM |
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It will bring a tremendous amount of attention to bitcoin which is great. Most people think blockchain and bitcoin are the same.
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