Once again they misjudge the market - young people don't want gold, not interested in gold or gold related products, and gold moves around in price that it can't be used as a stable coin when moving out of coins as they dump.
Add it to the long line of bad judgements this company has made such as mining contracts (3 years too late on that one) and airpocket. All they really had to do at launch was buy bitcoin and sit on the butts while taking a management fee but something so simple proves too hard, so this little gold stable coin idea will get bogandoff'd just like the others.
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