BitGold - Scam or Legit?
Posted: Sun Sep 20, 2015 11:07 am
https://www.bitgold.com/ What say you?
scrapman1077 wrote:If YOU don't hold it YOU don't own it.
InfleXion wrote:I read the Legal documentation on their web site. While official sounding enough, a couple things jump out at me. For starters, the formatting looks like something I could have put together myself in a standard document editor. The other thing is that there is a fair amount of wording around their click links and banners, and how you are allowed to use them. It reminds me of when I used to work for a free internet provider during the dot.com bubble, a technology company trying to squeeze money out of advertising. FWIW that company I worked for went bankrupt owing over a $million to MCI for the free internet we were giving out without a profitable business model which was solely dependent on advertising. Not exactly apples to apples here, but it has the same feel to me.
I think scrapman has it right. Digital gold undermines the inherent properties of physical gold that makes it an attractive investment for me.