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Digital Gold

  • Wed, Jun 17, 2009 - 04:57am

    #151
    Peak Prosperity Admin

    Peak Prosperity Admin

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    Digital Gold

[quote=Patrick Brown]

 BullionVault does allow customers to exchange gold directly between themselves, using the GoldVault trading platform as an exchange.  It wouldn’t take much for them, or someone like-minded, to attach a plastic-card issued by Visa or Mastercard to this, allowing the debiting of gold from BullionVault (or whatever the service is) at the user’s request.

[/quote]

I can transfer "digital" gold units to commercial or individual account holders (or vice versa) using my Goldmoney.com iPhone application. (See my thread: The Potential of Goldmoney.com’s new iPhone Application) The technology to do this is here now. The only thing lacking for this technology to take hold is a financial crisis, and I think that is only a matter of time.