Bitcoin National Bank

>make a crypto that takes away the biggest advantage of crypto

>use useless shiny rocks as your backing no less

fuck off retard

The name of your product ?

My local gold trader has excepted BTC for the last 3 years, he has made a fortune off idiots selling precious BTC for piss colored metal.

>gold

go to bed grandpa

>>3405836
https://ozgld.com/

>>3405912
How do you plan to maintain gold backing if your marketcap increases? How much gold do you already own?

on a more serious note, I think that what crypto needs in order to become mainstream is:
- <loan/credit> functionality
- <deposit with interest> functionality
these are in my opinion the basic needs that banks were created to satisfy, store shit and get some money in return and borrow shit
now if anyone could sprinkle magic pixie dust and figure out how to implement such a thing that'd be dope af

>>3405929
>How do you plan to maintain gold backing if your marketcap increases?
OzGLD is coin for coin 100% backed by gold. This ensures a more stable value and less market fluctuation.

>How much gold do you already own?
OzGLD has the 100% backing of 100,000oz of gold, so the “mathematical” and precious metal scarcity guarantees value and stability’.

Everything you need to know is here https://ozgld.com/peace-of-mind-2/

>>3405937
No magic pixie dust required. DPOS like ARK + loaning platform via smart contracts.
ARK is 80% of my porfolio for a reason.

>>3405953
Ok so the market cap is locked to the value of 100,000oz of gold and you have a 100% premine to stop your coins devaluing against that gold as more are minted?

>>3405937
>- <loan/credit> functionality

maybe. decentralized blockchain will make that difficult to enforce though.

>- <deposit with interest> functionality
>proof of stake
>loan accounts (IE poloniex)

>looked into ark anon
i'll have to do a bit more research into it but at a glance it looks promising tech
thx anon