PAX Gold (PAXG) is a digital asset. Each token is backed by one fine troy ounce (t oz) of a 400 oz London Good Delivery gold bar, stored in Brink’s vaults.
If you own PAXG, you own the underlying physical gold, held in custody by Paxos Trust Company.
- Built as an ERC-20 token on the Ethereum blockchain, PAXG can easily be moved or traded anywhere in the world, 24/7. With low investment minimums, now anyone can own a fraction of an LBMA-accredited London Good Delivery gold bar.
https://www.paxos.com/paxgold/
I have to ask... Will they be able to Compete with Electronic Coinage...??? And will they be accepted everywhere...???
August 27, 2020... 11.9 Hollywood Time...
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who knows?
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I tend to think, none of the Cryptos will be able to Compete with Electronic Coinage...
August 29, 2020... 8.7 Hollywood Time...
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