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dsb55

1,261 Posts.

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24/09/21

13:27

Post #: 56325545
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Originally posted by dsb55: ↑

Re your point on digital currency @cha”will this digital currency being a legitimate currency kill gold as the safe haven of old”i am in gold explorer tnr which has invested in, and is an advisor to, a yet to IPO company BullionFX. BullionFX have a crypto currency where each token is backed by gold. 1 gram of gold per token (or coin). So they have to have physical gold to back the tokens. They have released a small number of $BULL tokens which are trading. They will also have $GOLD tokens. I would suggest to read @mode1971 posts on this as he’s right across it tnr will be issued 15 million BullionFX shares and 15 million $BULL tokens as per the agreement they have struck with BullionFX.the $BULL tokens are currently trading at around USD 0.85 to 0.90 each. if my calculations are right, the investment in BullionFX is more than TNR’s market cap

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