Is having a small circulating supply safe for investors? (PAX GOLD)

[NicosUK]

I saw pax Gold and my only question is, is it safe for obviously a very small sum of people to control the vast majority of the supply. ( in comparison to bitcoin) . obviously for just 24,700 in circulation it probably only takes a couple of BTC to monopolise the whole supply. Has anyone invested or knows more about how this coin works?

[ife2020]

I do not really know much about pax gold but it sounds like a stable coin.
having a small circulating supply is safe for investors, but who controls the other supplies? Are they team members? Crew? Or  private seed investors?

An answer to these questions will give a general review of what can be expected from the token

[Iyeman]

I saw pax Gold and my only question is, is it safe for obviously a very small sum of people to control the vast majority of the supply. ( in comparison to bitcoin) . obviously for just 24,700 in circulation it probably only takes a couple of BTC to monopolise the whole supply. Has anyone invested or knows more about how this coin works?

From the name of coin and i can assume if that was a coin based gold. That means any coin that issued by the developer must have backed by the real gold. It's not a big problem whether this coin has a small supply. If some people control the majority of supply and how they get it. What you need to visit the site of paxgold.

[Ken_terrance]

Every PAX Gold token is backed by an ounce of allocated gold, can't be compared to other coins, this is the oy coin I trust presently that's really been backed by gold, limited supply means higher value in future, go to paxos.com for more information