Mark Pey

November 29, 2018

At SendGold we have always believed that one of the big advantages for owning SendGold gold is liquidity.

Liquidity. Simply put, an asset is liquid if you can buy or sell as much as you need, anytime you need, at a reasonable price. Gold is one of the most liquid assets in the workd. The daily trading volume in the gold markets even exceeds the daily share trading volumes in the entire S&P 500 index: By contrast, the headlines about liquidity in the cryptocurrency markets are not very positive at the moment: Token Liquid-ity Plummets Leaving Bag Holders High and Dry We’re big believers in the promise of blockchain record keeping and distribution channels when coupled with a top-quality asset like gold bullion. Gold has proven, deep, highly-liquid markets and broad usage and ownership across a variety of different industries. There’s gold in the smartphone in your hand, in the NASA Rover that landed on the surface of Mars this week, and in the vaults of the biggest investors and governments in the world. We think these are advantages that will be difficult for any new software algorithms to match. SendGold is focused on becoming a strong stablecoin contender with SendGold Coin (SGC)   Follow SendGold on Facebook  


Mark Pey

November 29, 2018

At SendGold we have always believed that one of the big advantages for owning SendGold gold is liquidity.

Liquidity. Simply put, an asset is liquid if you can buy or sell as much as you need, anytime you need, at a reasonable price. Gold is one of the most liquid assets in the workd. The daily trading volume in the gold markets even exceeds the daily share trading volumes in the entire S&P 500 index: By contrast, the headlines about liquidity in the cryptocurrency markets are not very positive at the moment: Token Liquid-ity Plummets Leaving Bag Holders High and Dry We’re big believers in the promise of blockchain record keeping and distribution channels when coupled with a top-quality asset like gold bullion. Gold has proven, deep, highly-liquid markets and broad usage and ownership across a variety of different industries. There’s gold in the smartphone in your hand, in the NASA Rover that landed on the surface of Mars this week, and in the vaults of the biggest investors and governments in the world. We think these are advantages that will be difficult for any new software algorithms to match. SendGold is focused on becoming a strong stablecoin contender with SendGold Coin (SGC)   Follow SendGold on Facebook  


Mark Pey

November 22, 2018

The recent drop in cryptocurrency prices was triggered in part by the strong actions announced by the U.S. SEC clarifying that market functions like custody and asset exchange are subject to strict enforcement of securities laws regardless of which software mechanisms are being used.

We think these actions by the SEC are an overdue and positive step in the right direction that will help the industry mature and weed out the high risk business models.

https://www.clearyenforcementwatch.com/2018/11/sec-brings-first-enforcement-action-digital-assets-trading-platform-failure-register-securities-exchange/ In particular the SEC ruled that developers of “smart contracts” were responsible for the operations of those contracts even if those operations were automated once they were put into production. At SendGold it has always been non-negotiable that we offer one of the world’s top-quality assets in a clear and unambiguous legal structure that protects our customers, and our blockchain distribution channel is no exception to this. We think these actions by the SEC are an overdue and positive step in the right direction that will help the industry mature and weed out the high risk business models. https://www.sendgold.com/where-is-your-gold-and-what-about-security/ Follow SendGold on Facebook