Hello steemians I am really excited about writing this entry about Goldmoney and this contest:
What in the World’s Goldmoney 500 STEEM Giveaway! Part I
I want to thank @goldmatters and Goldmoney for creating this opportunity on the Steemit platform. I also want to thank #Steemsilvergold here on Steemit which in my opinion are that those people are some of the most generous and helpful group here on Steemit. Sharing, promoting, and educating everyone that wants to participate. They are very beneficial for the whole ecosystem of Steemit as a whole. We all will be happy of even bigger success of Steemit platform true promoting and sharing our experience with the precious metals and creating even bigger emotional value for it, creating a more powerful network effect. So gold and sliver community is good for Steemit and vise versa.
So what is Goldmoney?
I made my own research about it.
Goldmoney is an International independent financial service company with fully insured vaults around the globe for financial precious metals. They can assist and give an edge to any gold or sliver stacker. The company gives you an actual place to store your gold and silver safely and be able to use it as a prepaid debit card that is backed up 100% by real gold and metals. The set up is simple and free. Once set up, you can load up your account through credit cards, paypal, and bitcoin and a few other cryptos. You can build up your account at any pace; small and slow, hard and fast. You can take you physical gold/silver at any moment you want form their vaults or have it shipped to you at any desire moment.
All individuals that are involve with crypto curency know and understand what is the major flaws with fiat currency and how the central banks rips us through the inflation. We loose our purchasing power of our savings every year.
One key principal of enriching yourself is to stack money/wealth. Putting an effort to save part of your hard earned money as a way of compounding and enriching yourself.
Fiat currencies' constant rate of inflation is eating up your saving every day. We all know that and we look for a safe place to go.
I am big supporter of Bitcoin because it is it's own network and protocol. It is a technology that allows you to transfer "wealth " without third party interference.
So what is wealth or money? It is something we all agree upon and we agree that it is rare. We usually say it is like gold:) and it is hard to find or falsified so we can agree upon each other that these are valuable because it is rare and we can even exchange services or goods for it.
All gold and silver stackers know about that and use it to their advantage.
Money after all is a tool for exchange of energy. We exchange energy for services and goods, buy/sell .
We work for it and put effort and planning to create to be paid in energy that we agree upon. Which is usually fiat currency .
So if we want to stack and compound money/wealth, we have to make sure we use the right tool or medium.
So what is best in my opinion about Goldmoney Inc. is that it makes possible to purchase and sell physical gold, store at their vaults and put this rare valued material into a digital credit in the form of the prepaid card.
For me as a crypto supporter and enthusiast, it really is a precious opportunity to invest in something really rare like precious metals. Humanity agree upon gold and sliver as a store of value and wealth for centuries. Combining it with the ability of being digitized and back up by real commodity, with full access to your actual gold and sliver.
