Shahram Zandy Moghadam (Lord Alex), the CEO and founder of BitxGold, predicted that the global economy would collapse back in 2019. He saw that central banks were printing money with no backing at a very quick pace, and that these monies, including hefty interest, would eventually be paid back by every citizen on Earth. To address this, he came up with the idea of a decentralized gold-backed security crypto coin called BXG. BitxGold (BXG) is based on the Binance smart chain and will soon be listed on the top 10 crypto exchanges by the first quarter of 2024.
The beauty of BXG is that the gold-backed security token is backed by real physical gold and is kept in a reputable vault in Dubai, United Arab Emirates. The coin will be audited monthly by Brinks, a world-known security firm. With BXG, you can’t have troubles like Terra-Luna, etc., as there is a tangible asset behind the digital crypto coin. The current value of one BXG is equal to 0.1 grams of gold.
BXG will help many governments during the downfall of the US dollar and its global impacts, and it will be the best tool for ordinary people to keep the value of their hard-earned cash against inflation. The coin will soon be hedged against other commodities in the stock markets such as Wallstreet, London Exchange, Tokyo, and so forth.
Every time we have chaos in the world, the money will lose value but gold will gain in value. Since the 1970s, the US dollar has lost over 98% of its value and buying power, but gold has risen by 68 times!
To learn more about Bitxgold, please search in Binance (Bitxgold) and read Binance news feeds!
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