Tag Archives: gold

EMPOWERING ARTISANAL GOLD MINING Thousands of tons of Gold waiting to be extracted Artisanal Gold Mines around the world are undervalued and have a negative social and environmental impact as they operate under archaic inhumane and toxic conditions

 

EMPOWERING ARTISANAL GOLD MINING

Join our Protected Coin Offering and put gold mines in your wallet

  

GoldFinXIN THE NEWS

+ Read All

Thousands of tons of Gold waiting to be extracted

Artisanal Gold Mines around the world are undervalued and have a negative social and environmental impact as they operate under archaic, inhumane, and toxic conditions.

The Opportunity comes with Responsibility

DO GOOD, RECEIVE GOOD…

We provide adequate capital to Artisanal Gold Mines worldwide while helping them to employ socially conscious and sustainable mining methods that reduce the negative impact on the surrounding ecological systems. In exchange, we get a Lifetime Royalty share of ALL ongoing production.

In the form of Fair Trade Advanced-Purchase Agreements, we obtain:

15%

Premium on the Initial Funding

20%

Lifetime Royalty share of ALL Ongoing Production

HOW WE DO IT?

GoldFinX

GoldFinX created a Cryptocurrency, GiX, which is built on top of the Ethereum Blockchain using the ERC-20 protocol.

GiX

GiX will be sold through a PCO and will use its proceeds as a vehicle to adequately fund the carefully selected mining operations worldwide through a GOLD pre-purchasing agreement..

GOLD

The GOLD extraction will repay the funding with a 15% premium and a 20% Royalty throughout the mine lifecycle, and will be stored in the form of purified GOLD to protect the value of GiX.

 

GiX will unlock the Billions of Euros worth of untapped GOLD in this artisanal mining segment with Environment preservation in mind.”

GoldFinX CEO – Philippe Bednarek

A Protected Crypto-Coin Created for Everyone!

Management Team

Our team offers a unique combination of extensive business experience, technical skills, international perspective and hands-on attitude. We blend deep technological skills with creativity and academic excellence with executive experience. Our aim is to establish ourselves as a pioneering leader within the crypto-currency industry.

President

JEAN-MICHEL ALFIERI

 

Chief Executive Officer

PHILIPPE BEDNAREK

 

Chief Operating Officer

FRANCOIS DUMONT

 

Chief Information Officer

AMYN CHAGAN

 

Chief Community Officer

ADAM BOULEL

 

Chief Marketing Officer

GONZALO GANDIA

 

Chief Technology Officer

CHARBEL HAGE

 

General Counsel

DEBORA TURNER

 

Operations Director, South East Asia

CHRISTOPHER PONNIAH

 

VP Business Development

PHI-PHI MORE

 

Media Manager

MICHAEL YEUNG

 

Legal Counsel

CLAUDE MIZRAHI

 

Advisory Board

Our Advisory Board has decades of academic and real-world experience in their respective fields. Our Mining Advisors provide high expertise on reserve estimation, mining technology, and mining management. Our Finance Advisors bring extensive experience in the Financial and crypto markets, and have acted as consultants and key advisors for many international companies, including successful Cryptocurrency and Blockchain businesses.

Mining Advisor

MARTA BENITO

 

Mining Advisor

ALAIN BERCLAZ

 

Mining Advisor

ALDO GOROVATSKY

 

Mining Advisor

FERNANDO GALLARDO

 

Finance Advisor

DR. HEINZ KUBLI

 

PCO Advisor

TIMO TRIPPLER

 

Economic Advisor

GRAHAM LEACH

 

Investment Advisor MEA

JASSEM OSSEIRAM

 

Business Development Advisor

CHRISTIAN BEAUX

 

Business Development Advisor

THIERRY LOUSTAU

 

Strategic Advisor

DATO’ AHMAD HISHAM

 

 

EMPOWERING ARTISANAL GOLD MINING

Join our Protected Coin Offering and put gold mines in your wallet

  

GoldFinXIN THE NEWS

 

GoldFinX ALLOWS YOU TO
INVEST IN GOLD MINES AROUND THE WORLD WHEN YOU PURCHASE GIX.

WE’LL GET YOU STARTED WITH A FREE GIX COIN WHEN YOU SIGN UP FOR A FREE ACCOUNT TODAY.

 

Heiko Closhen, Entrepreneur

Steem Dollars are now selling for $1.50 on Poloniex! Take advantage of this odd situation now!

bitcoinmeister63 in steemit
What is going on with the price? No time to research. This is a unique opportunity for holders of Steem dollars. They should only be around $1. Good luck. If you appreciate up to the minute cryptocurrency news like this then follow me here and on Twitter (@techbalt) and sub to my youtube channel.

https://twitter.com/TechBalt/status/856892306418434050

https://www.youtube.com/user/BaltimoreHourly/videos

EDIT: Thanks @bbkoopsta for suggesting that the crazy Tether situation might have something to do with this. Perhaps people who want a stable $1 crypto are flocking into Steem Dollars and ironically making Steem Dollars not so stable at $1 (to the way up side though!)

More Tether/Steem dollar info here:  http://https://steemit.com/tether/@acidyo/tether-vs-steem-dollars

Visit the Kairos webiste https://cabinet.kairosplanet.com/register/#111b0e

Exscudo releases preview video of Channels App ahead of ICO

https://youtu.be/Ec3LzMjyN38

geocurt36 in exscudo

Today the Exscduo team published a video showing the functionality of Channels in a test environment. Though admittedly the video is a bit rough around the edges, the simplicity and features this platform provides continue to intrigue me.
What I find appealing about Channels is that it has the speed and simplicity of a coin-shifting service like Changelly or ShapeShift along with the accessibility of fiat currency. I'm not aware of another service that provides all of this, and with exchanges beginning to struggle with withdrawals and deposits in fiat there could not be a better time for this exchange to launch.
I certainly expect there to be challenges with fiat integration, and many people who love cryptocurrency value it for the lack of regulation and oversight – but the reality is it will not make it's way to the masses without OPTIONS that include this oversight.
If you're interested you can learn more about Channels here here. The ICO portal is here.

I think the app looks outstanding for a first release and I look forward to trying it out. It's slated for release Q2, as is the Exscudo exchange which will serve as the engine behind the app. The app will be released on both Android and iOS.

Quick reminder that I'm only sharing my thoughts here. I'm not an expert, and I'm not giving advice. All investments carry risk and each individual should perform due diligence prior to any investment. I am receiving NO BENEFIT from Exscudo for this post nor am I affiliated with them. I WILL purchase EON tokens in the auction.

Visit the Kairos webiste https://cabinet.kairosplanet.com/register/#111b0e

Bitcoin vs Gold: Which is a Better for Long Term Investment

bitcoin v gold which is the better investment

Bitcoin vs Gold: Which is a Better for Long Term Investment

 

Imagine that you have $100,000 at your disposal. You must spend all of it on either bitcoin or gold – no mixing and matching – and the assets will then be stored in a trust that cannot be accessed again for 50 years.

Which option would you choose?

With the two commodities now in roughly the same price range, it's worth putting aside some of bitcoin's short-term volatility and liquidity concerns to compare them as long-term stores of value side by side.

Sure, you might argue bitcoin is newer and flashier, and that it has arguably more utility in the digital era than gold. But, gold has the indisputable track record, having been a cherished store of value for thousands of years across human civilizations.

However, bitcoin's traits have led to those backing the cryptocurrency to believe it could potentially unseat gold over the long haul.

Spencer Bogart, an analyst with Blockchain Capital and formerly of Needham & Company, told CoinDesk:

"If we think about the qualities that make gold a respected 'money' or store of value, bitcoin is actually superior in many regards."

Inflation vs deflation

Another key advantage bitcoin has over gold is that its supply level is fixed and transparent – eliminating fears of the typical inflationary pressures associated with overproduction that could diminish the value of the asset.

"A well-known characteristic about bitcoin is that it’s on a disinflationary supply schedule. While many people think of gold as being the same, gold is actually a sneakily inflationary asset," said Chris Burniske, blockchain products lead with ARK Investment Management.

Burniske added that the global supply of gold has clandestinely increased by 1–2% annually over the last century.

He continued:

"If you were to ask people what gold's supply schedule looks like over time, they probably wouldn't draw you something that looks like an exponential curve. With gold being sneakily inflationary, it’s not set up to preserve value in the way that bitcoin is."

Such characteristics, in theory, serve to increase bitcoin’s future utility as a means of account, exchange and storing value.

They also suggest that bitcoin's value, usefulness and importance to society will only continue to grow as commerce becomes more digitized.

"As more infrastructure is built around [bitcoin], we think that demand will rise relative to its mathematically metered supply, increasing its price support," Burniske wrote in a recent white paper.

Slow and steady

The clear advantages that gold has over bitcoin are trust and reliability, according to those surveyed for this article. However, a change in consumer preferences, new technological disruption or a crackdown by a government could easily kick bitcoin to the end of the bench.

"Gold has something very important that bitcoin lacks: a more than 1,000-year history of being a decent store of value. This is very important for trust and people's willingness to store value in that particular asset," said Bogart.

Gold has also proven itself to be of value even when governments attempt to restrict its usage or outlaw it completely.

This happened in 1933, when President Franklin D Roosevelt implemented measures to prohibit and criminalize its possession in the US.

"For more than 5,000 years gold and silver have been tried-and-true money. They've lasted basically the duration of organized civilization," said Dave Kranzler of Investment Research Dynamics.

In this light, Kranzler was keen to highlight bitcoin's 'counterparty risk'.

Gold's advantage over bitcoin is that it's not dependent on the operation of the internet, thus affording it a degree of protection from heavy-handed regimes, he said.

"There’s nothing to stop any government from shutting down the internet in their country under the guise of national security purposes or what not,” he said, adding:

"We’ve seen democracies come and go, but totalitarianism always seems to creep back in. And when that happens, the government controls everything."

Elemental value

Gold has also proven itself immune to technological disruption.

According to Burniske, while bitcoin has generated significant cultural cachet, it remains at the bleeding edge and could still be dethroned relatively easily.

"That position is not necessarily going to remain the case if bitcoin is not able to attract new users and provide a happy medium in terms of user experience," he said.

Yet, as asset classes like Dutch tulips, Japanese real estate, dot-com companies and the US housing market have boomed and busted, gold has consistently plodded ahead, withstanding the test of time.

"I don’t think anyone can say with any certainty that any man-made system is going to be valuable 50 years from now," said Josh Crumb, co-founder of GoldMoney and a former commodities strategist at Goldman Sachs.

He continued:

 

"People forget that gold is not a pet rock or a speculative asset, it's an element. Gold is a very low-risk store of value. Fifty years from now it’s going to still be valuable."

While investors like Cameron and Tyler Winklevoss have suggested that technological developments as far fetched as asteroid mining could eventually put upward pressure on the total supply of gold (and reduce its scarcity), Crumb reckons that technological creative destruction poses a much greater threat to bitcoin.

"People have been trying to crack gold for 600 years. I think it's much more likely that we're going to have quantum computing that can change cryptography than asteroid mining that's going to bring back loads of gold," he said.

Complementary or substitutionary?

Perhaps asking whether bitcoin will ever unseat gold as the universal store of value isn't quite appropriate, as it's plausible that the two can, and will, co-exist as complementary assets.

"I like bitcoin, particularly in the short-term, so it's kind of like saying 'Do you like gold or do you like investing in Facebook in 2011?'" said Crumb. "To me, it’s two totally different things."

As is standard practice across other realms of investing, the correct answer to the bitcoin versus gold question will ultimately be determined by the risk profile of each particular investor.

"In terms of proper portfolio construction, you want to diversify. You want to have different types of assets that don’t necessarily move together," said Burniske, concluding:

"There's always room for collaboration. It’s sensational to pit [bitcoin versus gold] as a fight to the death."
 

David Ogden
Entrepreneur
 

Author: Aaron Stanley

Visit the Kairos webiste https://cabinet.kairosplanet.com/register/#111b0e