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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

Royal Mint Is Going To Issue A Gold Backed Block Chain Currency

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Author Previous TopicReplies: 4 / Views: 1,521Next Topic  
mr1030
Valued Member
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United States
120 Posts
 Posted 06/03/2017  6:07 pm Show Profile   Bookmark this topic Add mr1030 to your friends list Get a Link to this Message Number of Subscribers
http://www.royalmint.com/aboutus/ne...announcement

The Royal Mint is going to issue RMG's, a block chain currency to be used for the buying, and selling of gold that will be held in their vaults. I found the press release interesting, but I'm curious if any members here that are educated (certainly more then I am) in block chain technology, see this as possibly the British Government experimenting with the idea of a sovereign backed crypto-currency?
winterfell
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United States
231 Posts
 Posted 06/03/2017  7:24 pm  Show Profile   Bookmark this reply Add winterfell to your friends list Get a Link to this Reply
Interesting
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Parklane64
Rest in Peace
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United States
2668 Posts
 Posted 06/03/2017  9:27 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
Danger, Will Robinson!

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sel_69l
Bedrock of the Community
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Australia
21788 Posts
 Posted 06/03/2017  10:29 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Most private owners of physical gold like to have it in their own possession, despite the security implications.
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mkman123
Pillar of the Community
United States
3184 Posts
 Posted 06/03/2017  11:53 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
not interested, I want to hold actual gold
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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum



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