The value of stable coins are pegged to real-world assets. The most popular stable coins are backed by traditional fiat currencies such as the US dollar, British pound or Euro. They offer tranquil stability to people in Zimbabwe or Venezuela. But even the stability of stable coins can be called into question amid increasing trade wars, conflicts, and rapid political change. That’s exactly why the emergence of a new form of cryptocurrency, which is pegged to the value of gold, is set to become a compelling investment and alternative to fiat currency.
As this article goes on it makes a good point as to why a digital currency backed by gold would be a lot more beneficial than physical gold, as the price at which people buy gold and the price dealers sell it for is usually a lot different and not very suitable for some countries or regular market dealings. Pegging a stablecoin to gold puts that worry behind us. In doing so, we bring in the aspect of efficiency by moving it in trades; wallet to wallet, in a peer-to-peer network.
In many ways, digital gold takes us back to times when currencies were linked to the price of gold. Digital gold combines the historical safety of gold, with the efficiency of digital currency. It can move around the world at speed for free, while stabilising other cryptocurrency transactions.
That’s why it’s fast emerging as the foundation on which the future of cryptocurrencies will be built.
Not only this but if you know your Bible, you'll know that this is prophesied and that we're ordered to use gold from God!
Revelation 3:18
"I counsel you to buy gold from me, proved by fire, that you may prosper"
Haggai 2:8
"The silver is mine, and the gold is mine, saith the Lord of hosts!"
For those who are of an illuminated mind, they know the day is coming, and many know that very soon there will be a One-World-Currency that will replace all others and no one will be able to buy or sell without it! How many more reasons do you need to take up the amazing asset that is right in front of you! By investing in GODcoin you're not only securing your future, but while we're still in this early phase of our ICO, you're acquiring a 25% bonus on your investment! What better time to invest than now?
This article was authored by @cifer44
There are many advantages to GODcoin especially since it is one of the few coins that will be backed by gold and silver. Not only does GODcoin offer the illuminated path towards a prosperous future, but very soon, it will be the global currency. To learn more, visit the following links:
All information provided is available on the official website at https://godcoin.gold
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