Greetings Friends;
Gold is a precious metal desired for millennia in the conventional world and we can analyze past generations that coveted this metal and used it as a source of exchange and value. Yes, my friends, many who set foot on this planet, desired and coveted this metal and it was also a source of income and development of technologies until today. It's not to be expected that the rarity of this metal is gigantic and if we take the amount discovered by adding the amounts already established, we understand that it's a very small amount compared to the demand/need. Gold is also an important element in the industry and this further strengthens the need for this metal. This image and symbolism can also be associated with the crypto world and in this article I will write about Gold Cash(GOLD), a project that bears the name, rarity and symbolism of gold where it assimilates and enables the store of value. The article will be motivational and introductory for you and for everyone looking and intending to choose a project to link their monetary and sentimental values. After all, the sentimental value is very important for the acquisition and the sum of new sympathizers. I can't forget to mention that if you want more technical information, I recommend accessing the links inside and at the end of the article.
Meaning and Purpose of Gold Cash
The Gold Cash project was born with a proposal of rarity, what do you mean? The idea is to generate shortages in the amount of supply to increase supply and demand, further increasing its value over the years and also with the reduction of mining. Its differential is based on its amount of emission and in this case it's only 200k units, making it a rare project if it's engaged and publicized as expected. By having its own blockchain, Gold Cash has transparency in transactions, validating the concept of P2P, that is, sending and receiving coins. Its code is open, which means that it doesn't have a centralization of ideas and concepts, strengthening the adhesion of the community and decentralization as a whole.
Value application...
As the introduction and its meaning Gold Cash aims to become a personal collection currency and a reserve of value membership, that is, in addition to an item to buy products, you can use it to secure your financial future. However, not everything is flowers and the road is long, but the project has everything to follow the path of victory and become a key element in the purchase and sale of physical and online products. After all, wouldn't it be interesting to buy items on the internet or in the market in your city? With only Gold Cash? It would be amazing but for that to happen the community structure must increase and new participants and developers will participate in the project. In relation to the conventional world, we know the difficulty of acquiring gold on small scales and also the bureaucracy to acquire it. Therefore, Gold Cash was also born to meet this need because with its limited supply, it allows its value to go to high levels with a large number of subscriptions. Overall it's a cryptocurrency alternative i.e. a business model designed for substantial long term growth.
Connecting with the current moment...
We are living through a very troubled moment in relation to the seismic event of FTX and its changes in the world of leverage and derivatives. My objective here is not to criticize what happened but to exemplify what happens when there is a lot of supply and a lot of investors who lend money to make big profits. At the end of this game, the last one to buy will always lose and nobody wants to lose and that's why these explosions of big bubbles happen. Is betting all your money on a game the way to go? Why not set aside a specific amount for a possible long-term investment? Why not believe in a project like Gold Cash? Anyway, there are many questions you should ask.
So why I'm writing about Gold Cash right now? Simply because it has very important details that will make you think, such as:
- 200k supply.
- CPU Mining(You can mine without big computational structures)
- Your Halving took place this year 2022 where the reward in the block was 0.5 and is now 0.25.
- It's allocated in a small exchange but with a great promising future if you follow the correct guidelines.
- In terms of quantity, the price is very low and this is an opportunity.
By setting aside an amount for a long-term investment, in addition to reducing the pressure of losing all your money, you will make a bet on your future and the future for a specific project and in this case there were people and institutions that lost millions in this seismic shock of FTX and perhaps investing a small amount in Gold Cash would help you save a specific amount and support the project. The details that I mentioned above are enough to guarantee your security in the investment, besides everything the project is ASIC resistant and is protected against attack and domain of 51% of the network.
Gold Cash Specifications:
Coin
Name: Gold Cash
Symbol: GOLD
Algo: YescryptR16(CPU) PoW(Proof of Work)
Total Coin Supply: 200,000(Yeah! Only that...)
Exchange
Conclusion
This article was just a motivational introduction in connection with reality, that is, it will help you to reflect on your actions and help you to get a solid base of thought that when setting aside a specific amount for a project and in this case Gold Cash will help you to train your patience and will help you acquire technical and emotional knowledge because this emotional involvement will bring benefits to anyone who gets involved with the communitys and especially with Gold Cash. I can't forget to mention that the community(Gold Cash) is open to everyone to read the Whitepaper and obtain other details of interest.
Use this article to reflect...
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