Sunday, December 11, 2016

A new case for GOLDMONEY - formerly BITGOLD

Early in 2016 I discovered an online service, called BITGOLD, that allows members to save in an electronic form of gold. My basic understanding was that BITGOLD is a form of crypto-currency like BITCOIN, but backed by gold. Then in May, I decided to give BITGOLD a try after watching an interview of Rick Rule, the CEO of SPROTT USA. Since then, BITGOLD bought out a bullion bank called GOLDMONEY and named the combined companies GOLDMONEY Inc.