BitGold: Save in Gold, Spend with a Debit Card

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The Goldmoney Community is a great place to securely share and connect with other people that are passionate about the same things you are! Get your questions answered, share your ideas and feedback, start a discussion, and give back by helping others! Create your Goldmoney Community roy sebag bitgold debit card now to join the conversation.

Existing Goldmoney Personal or Business User? Claim your Community Name today! By signing up you agree to follow our community guidelines. Toggle navigation Goldmoney Community. Join the Conversation The Goldmoney Community is a great place to securely share and connect with other people that are passionate about the same things you are! Your personal information is never shared with anyone. December edited January in News and Announcements.

Dear BitGold Community, I want to personally thank you all for the passion and support you have exhibited for BitGold. Ultimately, it is you we have built this for and it is you who make this successful. An idea, hatched by two young entrepreneurs has now evolved into a global platform spanningmembers in nearly countries. What we have achieved this year is truly historic. In fact, I believe the ramifications will only be truly appreciated several decades from now. We have shown that gold as commodity money has a place within the existing laws and regulations and can be consistent roy sebag bitgold debit card the ethos of social progress and upward mobility.

We do not need to be fearful or greedy to educate people on the merits of gold. We do not need gold to rise in one specific currency USD for hundreds of thousands to derive value and be empowered by our platform.

We do not need to be opposed to the beautiful improvements in the quality of life or social cohesion achieved over the last 50 years. Instead, we can show why gold helps solidify the continuation of these trends.

Utilizing commodity money makes sense for responsible citizens seeking to peg their labour, goods, and services to a unit of account that mimics their own personal consumption and savings requirements.

Take a look at your own monthly aggregate spending, unless the majority of your income is spent on financial assets, you are likely better off utilizing a commodity money to measure your earnings power and net worth. Utilizing gold as commodity money makes sense because of universal truths and the laws of physics.

Unless you have superhuman powers, you too are bound by the laws of physics and so it makes sense to own the one element of just 92 which is immortal to human entropy and can be bequeathed to your family tree as an heirloom leaving an enduring legacy to roy sebag bitgold debit card. Utilizing gold as commodity money makes sense because it removes friction costs, settlement times, and foreign exchange from the transfer of value between two parties.

There's an upheaval in financial services coming. This upheaval will see long held axioms tested to their core. Why does it cost money to move money? Why does one nation have roy sebag bitgold debit card money while others have weaker money? From the ancient Minoan traders in Crete 4, years ago to John Law and the Mississippi Bubble just years ago, history is littered with thousands upon thousands of experiments with different types of money.

Money that was deposited with banks paying an unfair rate of interest, money that was government backed by a promise, money that favoured the elite, or money that favoured a specific ideology or doctrine over others. These have all been tried and have failed over and over again. Yet no matter how many times these experiments take place, our natural states cause a reversion to the mean with respect to what we regard as money. We seem to roy sebag bitgold debit card rediscover the value of utilizing gold as a neutral global commodity medium and unit of account.

We are a brilliant species that is enthralled by our planet and universe. We seek to work hard and share our prosperity with our family and neighbours. And roy sebag bitgold debit card engage in trade as a byproduct of our natural evolutionary productivity.

As the scale of time is stretched, our species resorts to our default state of cooperation, empathy, and prosperity. I believe that BitGold has spawned yet another reversion and that our success coincides with the upheaval we are seeing in digital value transfer cryptocurrencies and fintech in general Apple Pay, Roy sebag bitgold debit card Pay, Google Wallet, Square, Stripe, Paypal.

That feeling is akin to that of roy sebag bitgold debit card last riders of horse buggies in Detroit in as they began to notice the Ford Model T driving down the streets.

That we use gold as our only unit of account and store of value means that we are in pole position to create a global unified payments and savings network not restricted by any nations currency or debt system.

To that end, we are working tirelessly to complete our ecosystem. We are also working on several confidential features that will improve the user experience and allow more of you to rely on the platform for your everyday financial services needs. We ask you to continue in your efforts to spread the word about BitGold. In the GoldenHeart program saw enormous success.

We made changes to the program that some of you are unhappy with. I have heard these criticisms but respectfully disagree. The GoldenHeart program today is more aligned than ever roy sebag bitgold debit card those of roy sebag bitgold debit card that have reached four or five star status can attest to this. There are no more settlement delays and the per user gold bonus for 4 and 5 quality score users is much higher than it ever was. I assure you that if you take the time to refer quality members who will make deposits, use the platform, and provide transparent information about their identity, you too will see your quality score rise and your ability to earn gold through referrals compound.

Remember, we are in this for the longterm and expect you to be as well. Here is to you, our community and an even more incredible Thank You and Happy New Year! I fully support this platform, and have become an affiliate as well as a customer. I'm getting up to 14, views a month and climbing on my website, promoting Bitgold prominently, and helping the company gain more visibility, in addition to earning from my efforts.

Thank you Roy and the other founders for this great product, and opportunity! January edited January Thank you Roy for educating me on the meaning of value. Your ability roy sebag bitgold debit card break-it-down in a way that can be easily understood in laymen's terms is what makes this company so roy sebag bitgold debit card. All the best in !

Happy New Year Roy and may god bless you and the family of BitGold with more ideas in the forthcoming. We sincerely hope and prey for BitGold to do much much better for this year and year to come. I am one of theDrop the " Golden heart " plan and reward the users that are the backbone of the company.

Having K plus members sitting back and watching, not getting involved and likely just here to keep someone happy, is a waste. Maybe they are waiting for the price of gold to go up so they can purchase less. Give the " Golden hearters " a period of time to get involved and if they choose to just watch, move them to the sidelines account holders with no status and no free gold redistribute the grams involved with those that are on side. I'd rather seeaccounts that are all in.

Being rewarded for saving gold, what a concept, sounds a bit like the olden days when one got interest. Keep up the good work Roy Sebag Melanie the information that I have found about the Golden Heart program does not seem to give details about how one can move through the levels and such.

The document has a ton of information on how and where to promote, but is general and vague in giving specifics about moving through the levels. What exactly does it take to move from 1 to 5? I went to level 2 today in the program but have no real understanding of what I or my referrals did for that move to happen. Would you or your team explain in more detail for us? I love your vision and brilliance. Truly appreciate being involved and am proud to share BitGold with others as the company grows.

Roy SebagThank you for everything. Happy New Year Bitgold. I just realized the huge benefits of Bitgold in the late of I am going to take bold steps in getting more valued referrals this year! Please facilitate the process of bringing the prepaid card to my country,Nigeria. Thanks and God Bless you sir. Remember, we are in this for the longterm and expect you to be as well". Probably the new sponsored members fail make any deposits. Winter4Coldit is a great platform.

Roy Sebag How is it a good platform when you take referred bonus gold from members who are active users, spending and investing, just because they refer an individual who do not share the same ideas on investment? When I asked her to check, she lost her bonus, which makes sense But I am, although not pumping thousands into the platform, I spend what I can afford. Please look into this and for the sake of bitgold, stop robbing your active membership.

I am frustrated as all hell. AND I used to love the online interac. So I switched my scotiabank card to a visa debit intentionally just to buy gold from Bitgold. Bitgold will NOT accept my card. Roy sebag bitgold debit card I went to the bank and switched cards, roy sebag bitgold debit card Bitgold locked my card. Yep, I have absolutly no means to buy gold and I am not linking my bank account with a company who takes gold whenever they please Or when the value increases.

A response, and an inquiry would be greatly appreciated. I have almost hundreds of dollars in this account and want to buy physical gold. But if you guys keep stealing it, you are just another banking scheme.

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BitGold is a Canadian company offering international savings and payments services which allow people and businesses to send payments and hold savings with physical gold. Its headquarters are in Toronto , Canada. On June 16, , BitGold Inc. On June 26, , BitGold Inc. He is well known by writing the "Golden Revolution" in On May 22, , BitGold Inc.

BitGold's European headquarters is located in Milan, Italy. BitGold is currently available in more than eleven languages. BitGold allows customers to send, receive, and redeem gold bullion. Vault accounts are provided to users along with transaction services including cross-border gold payments, merchant invoicing and processing for gold, debit card spending of gold at traditional points of sale, and conversions to a user's external digital wallet.

Sebag, the co-founder of BitGold, has stated that he believes BitGold is not a bank because it does not engage in fractional-reserve banking. All financial statements are audited by PriceWaterhouse. The Corporation is required to buy or sell assayed and stamped. All vaulted gold must maintain adequate insurance coverage for every customer, in which the current insurance provider is "BRINKS". From Wikipedia, the free encyclopedia.

Archived from the original on 6 September Retrieved 3 July Retrieved 31 March Retrieved 30 June Retrieved 1 July Retrieved 4 September Retrieved 30 November Retrieved 7 July Returning to the gold standard". A gold standard for bitcoin". Retrieved 6 Jun Retrieved 13 July BitGold co-founder Roy Sebag explains company's philosophy". Retrieved 6 July Retrieved 16 January Digix Royal Mint Gold. Perth Mint cryptocurrency Petro gold. Gold Age Liberty Reserve.

Retrieved from " https: Companies based in Toronto Digital gold currencies Bullion dealers. Views Read Edit View history. This page was last edited on 24 June , at By using this site, you agree to the Terms of Use and Privacy Policy.

Roy Sebag Josh Crumb. Toronto , Ontario, Canada. Blockchain Digix Royal Mint Gold.