4 ms·

How can we trust you to be custodians of the gold? What if you are robbed? Are you holding all the gold?

• justinzollars 3y ago
  You're absolutely right, the essence of our platform is to emphasize the p2p element, ensuring that most of the gold isn't held by the exchange. This helps reduce counterparty risk and stays true to the core principles of gold ownership. I've sold silver myself and know how tough it is when dealers offer spot and then turnaround and charge crazy premiums for the same coin. 70% today. I think we can capture more value. That said, I've also worked at Easypost, so I know how to ensure gold gets shipped securely through USPS – literally with guns, lock, and key. The main technological challenge we're addressing is trust. We want to create a platform where users can confidently buy and sell gold with one another, knowing their assets are secure and transactions are transparent.
  • ada1981 3y ago
    I have to trust that they will mail me gold coins, or?
    • justinzollars 3y ago
      USPS insurance covers gold shipping up to $50,000