What is Goldmoney from a regular Jane doe, who has never heard of it before until now. Like many of you, when I heard Goldmoney... I thought of all the western and pirate movies I grew up watching. of my parents' jewels. This precious metal that is kept in a safe locked up somewhere since the majority of this world no longer accepts a gold nugget as payment. Then I went on a mission to try to figure out this homework assignment from @goldmatters
Trying to find out what it is and why is it making a headline now. From @goldmatters blogs to youtube videos, to the site itself, through their terms of service and whats my conclusion.
Two simple things. Fiat money vs Gold money.
Fiat money is a currency that a body of government has declared to be legal tender, but it is not backed by a physical commodity. It's a government printed piece of paper.
And Gold money is just that... Gold, Silver, among other precious metals that is a physical commodity of wealth in its newest form. The company Goldmoney has come together around the world to make possible to you, to have solid currency at the tips of your finger. As a debit pre paid card. Solid money in the account to use as you wish. Instead of hauling a wagon full of gold and jewels like Edmond Dantesthe did in the count of Monte Cristo, You pull out your Goldmoney debit card. Instead of pulling out a bank card or credit card centeralized to the beat of their government financial drums, You pull out your Goldmoney debit card. Solid wealth.
Understand that Goldmoney is not a bank. They are a dealer, an agent, bailee, a transfer service provider for your gold. And with that, some of the services they provide are in the forms of the debit card, of buying and selling, and storage of your Precious metal. They are set up around the world so everyone can have access to them. You can buy through and store your gold at anyone of their storage locations. Plus, you can use your bitcoin to buy into. How sweet is that.
As we all know gold is fail-safe period. Past. Present. and Future. Even that famous children's golden rule: the one with the gold makes the rules. Gold is true money, true wealth. When economies fall with their fiat money( as some has already), gold will be left standing. That is how important gold is. Stack gold and when you want to spend some of that gold... Goldmoney is the one to go to.
For more information @goldmatters is your man to go to here on the Steemit platform. And their official site https://www.goldmoney.com/
Thanks.
