The history of gold from 1 Gold piece to 1 Digital Gold coin
Gold has been known to mankind since the Bronze Age. His prey was engaged in Mesopotamia and Ancient Egypt. In ancient times, people believed that gold was created by a unique combination of water and the sun. Since that time, it was considered a symbol of wealth and was used for the manufacture of jewelry and luxury goods.
Yellow metal has repeatedly been the target of wars in history. So, the campaigns of Alexander the Great in 344 BC. e. had one of the goals of capturing the vast gold reserves of Persia. The Second Punic War against Carthage in 202 BC e. gave Rome, in particular, access to the gold mining regions of Spain.
History knows the phenomenon of the gold rush, when the discovery of new gold deposits led to dramatic changes in the economy of entire regions and the whole world. For example, in 1700, gold began to be mined in Brazil. In a matter of years, the country turned into a major global supplier of precious metal, mining it up to 15 thousand tons per year. Gold miners poured into Brazil, and this affected the development of a new continent. In 1848, gold was discovered in California. This was one of the factors that contributed to the creation of a country such as the United States of America. In 1850, the discovery of gold deposits in Australia caused a flow of settlers into new territories. The most famous gold rush began in 1896, when two Canadian geologists discovered metal reserves near the Yukon River. The name of this field — Klondike — has become a household name.
Nowadays, there are several gold mining technologies are known: washing, mercury amalgamation, cyanidation and regeneration. All in all, the world produces an average of about 2,500 tons of gold per year. The largest amount of gold in the world is mined in South Africa. This is followed by China, Australia, the United States, Peru, Russia (sixth place), Canada, Mali, Uzbekistan, Ghana.
Why do people pay so much attention to the Gold?
Why do ancient times and now so many different conversations and attention of people arise. It’s simple, gold is a priori value that costs money, and its main advantage is that it does not just have a fixed value, but that it still rises in price over time. Let’s look at the graph of gold growth from the beginning to the current moment.
And what about last 30 years. Results are shocked! Since 2002 year gold price goes higher and higher.
Digital Gold revolutionary
Based on this we can say, that Gold looks like a good investment tool not only for saving, but also for passive earning money. What do you say, if could but/sell gold in 3 seconds right now without any bills, permissions, third parties, logistics…
Yes, it is our modern world. Welcome Digital Gold. It is a recognized Blockchain platform that provides a digital signage for tangible gold. Digital Gold had an idea to create a system where people could buy, store or sell their “gold bars”. Digital Gold wants to create a market in which people will create, buy and sell gold. Therefore, the GOLD token is launched on this platform. The marker is designed for a stable coin. The stable GOLD token is fully secured by physical gold. There are still many shortcomings in the cryptography market that everyone knows about, so the cost of various tokens can be unstable. But this GOLD platform is called a “sustainable coin” because it has a stable price.
Digital Gold Technology
Technology is very important in the modern world. The development company depends on the financial description of this technology. The company we are discussing today, the technology of the company as a whole is beautiful. To keep technology beautiful, they occupy a harmonious place in lifestyle. Gradually, their company becomes practically impracticable. Technologies, technologies, technologies, technologies, technologies, technologies and technologies. If you have a headache, to ensure a high level of action. This company began its journey for a very nice technology. I hope they reach the top of the facility soon.
All gold purchased with the token is stored in the company’s safe in partnership with BullionStar
To provide a higher degree of trust, all gold purchased with a Gold token is stored in the company’s vault in collaboration with BullionStar. The Digital Gold project also aims to be transparent about the current number of tokens in circulation and the total amount of physical gold stored. BullionStar also checks safes to determine the total amount of gold stored. Chip users are advised to check the real-time audit and security certificate for peace of mind.
To be smart enough to buy digital gold:
- Funds are transferred instantly
- Doing business with people is easy and safe.
- Transfer fee below
- No intermediaries
- Transactions are transparent because everyone can view them.
- Although there are problems investing in cryptocurrency, for example,
Most cryptocurrencies are not supported by any physical assets.
1. It is difficult to restore a lost fund in the system.
2. Cryptocurrency really is experiencing several fluctuations
3. Cryptocurrency investments may be lost or acquired in an instant due to volatility
4. Cryptocurrency has no intrinsic value or price.
Conclusion
The price is guaranteed to be stable depending on the price of gold compared to other crypto tokens, of course, this is a plus. They are more promising. Why is this? please visit their professional audit page. This is a serious and promising project. Gold, but in my opinion, this is a good thing that needs to be distributed. Digital Gold was able to prove that his project is able to quickly and efficiently perform the functions of a cryptocurrency, which is highly liquid, safe, low in cost, transparent, etc.
Those who are interested can visit their official link or ask in the comments column. If possible, I can respond directly to the team working on the Digital Gold project. Thank you and do not forget to update this article so that I share other interesting information with great enthusiasm.
Website: https://gold.storage/home
Whitepaper: https://gold.storage/wp.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=5161544
Telegram: https://t.me/digitalgoldcoin
FACEBOOK: https://www.facebook.com/golderc20
TWITTER: https://twitter.com/gold_erc20
MEDIUM: https://medium.com/@digitalgoldcoin
REDDIT: https://www.reddit.com/r/golderc20
═════════════★ Author ★═════════════════════
★Bitcointalk profile — PhantomRanger
★Bitcointalk Link — https://bitcointalk.org/index.php?action=profile;u=1899493
★MyEtherWallet — 0xCe89E752db4B4c4c337b71642B0806CB948d4F3c
