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DANIK             
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Airdrop
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AIRDROP
4 years ago

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The price of gold and silver is rising in the face of a sharp economic downturn. Swiss company AgAu has chosen this moment to announce a precious metal-backed stablecoin onto the blockchain. It aims to provide ...better access to gold and silver and an alternative to bank-printed money.
Stablecoins are very much in vogue, especially after the launch of Facebook’s Libra project in Geneva last year. This type of digital cryptocurrency is backed by regular money or commodities that better control price fluctuations than bitcoin, whose value depends exclusively on the level of demand.

AgAu says it will store physical gold and silver in Switzerland and sell customers its tokens – each one a digital contract that grants the bearer direct ownership rights to a gram of either precious metal. The tokens would be freely traded with transactions validated and recorded on the Ethereum blockchain.

Read more: https://www.swissinfo.ch/eng/precious-metal-stablecoin-plugs-into-gold-frenzy/45903284
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he adage “money begets money” is being given a twist in the world of decentralised finance. Here, people can make cryptocurrencies by creating cryptocurrencies. It’s a process called “staking” that promises eye... watering interest rates – if you can stomach the inevitable risks that come with it.

Cryptocurrencies run on blockchains that rely on their users to validate the transactions that are carried out on them. Transaction validators are rewarded with a batch of freshly minted cryptocurrencies that happen to run on that blockchain.

Some blockchains (not bitcoin) require validators to stump up a “stake” of cryptocurrencies as a form of deposit. Lazy or malicious validators can be fined for sloppy service - or lose their deposit (stake) altogether if they prove to be bad actors.
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Down jones has not moved much in the past 1 year. If you look at the image, you will see a 5% growth.

Compare that to Crypto market and you will be amazed.

400% growth in 1 year. From $240Bill...ion to $1Trillion.

And the prices will only grow exponentially from there.
Let's hear it again which one is a better investment. It would not surprise me if all the stock brokers and traders actually went into Crypto
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