I know that I've covered the crypto currency world a lot lately, but that's only because it's growing at an incredible rate right now. As I write this, Ethereum is at an all time high and despite the Bitcoin ETF failing to get passed by the SEC this past week, it's also remaining at record highs. On top of it all, another coin was just created a few days ago, and this one is ground-breaking!
We finally have a crypto currency that is officially and completely backed by Gold. It's called OzGLD and I just set up my wallet for free through their site. I was a little skeptical at first, but the hype is no joke. The gold is secured and stored privately outside the U.S. and it is fixed in price with OzGLD. This prevents OzGLD from fluctuating in price and is only affected by the market price of physical Gold. In other words, OzGLD coins actually have value! In a world struggling to accept digital currency as a way of life, this helps ensure that a successful transition away from fiat money is possible. Check out the link below to learn more!
Oh yeah, I forgot to mention that you can purchase it with your Ethereum. Even better!
An ambitious Neuroscience Major, Entrepreneur, and Athlete.