Are gold’s days numbered? While it might be impossible to imagine a world without kingdoms hoarding it, thieves stealing it, and those in power showing it off, gold’s days might be coming to an end. Gold wouldn’t be the first major form of payment to become replaced by something more adequately suited to serve the needs of the people at that time.
A prime example of this scenario playing out is table salt. You might think of table salt as just another seasoning but for hundreds of years, salt was a form of currency. Notably, Roman soldiers would receive their paycheck in salt. Roman soldiers were the prized possession of the Roman Empire.
Today, if you were to receive your paycheck in salt, you would be very “salty” to say the least. This scenario is exactly what’s happening to gold. This precious metal isn’t as precious as it once was. Also since information travels faster and technology has advanced, there are better and more secure alternatives. Most importantly, these alternatives are readily available to the public.
GSX is one of these alternatives that could one day replace gold as the world’s reserve currency. This extremely versatile cryptocurrency provides users with a host of benefits. It’s fast, secure, safe, and scalable. GSX fulfills all the roles, regular old gold can’t.
GSX vs. Paper-Gold
Let’s be honest, when people say they invested in gold, seldom do they mean they went out and purchased gold bullion. Usually, they invested in paper-gold. Paper gold markets are outdated for so many reasons. For one, they lack the transparency and accessibility needed to expand with the growing global population.
Additionally, they make the user put all of their trust in centralized power. History has shown that this is never a wise decision. For example, in the 1930s the US experienced a gold confiscation after President Roosevelt signed a law requiring all citizens to sell their gold back to the US government.
Worst of all, you had to sell it for under market value and for fiat currency. Lastly, if you refused, your gold was confiscated and you got some free nights in jail to think about your selfish behavior. GSX holders never have to worry about these issues because their tokens reside on the Apollo blockchain.
This fourth-generation decentralized network is the most secure platform to date. Apollo holds the record for a lot of important blockchain categories. It’s the fastest blockchain in the world. Bench tests prove the blockchain completes transactions in under a second.
It’s scalable. Apollo introduces database level sharding to the sector. This is a technology that allows networks to store more data efficiently. The technology makes it easier to recall this information when you desire as well. The integration of sharding into the Apollo ecosystem provides it with exponential growth potential.
Being on the Apollo blockchain also means that GSX is the world’s first and only quantum-resistant stable coin. The quantum computer revolution is here. These machines cost millions today, next year they will be thousands, the year after that, who knows. But when they do become affordable, the blockchain sector is in big trouble. A single quantum computer has the power of many of the world’s blockchains.
This power could easily overpower all of the medium-sized PoW and PoS blockchain in operation today. Sadly, not every platform takes this threat seriously. Time will prove that they probably should have made it a priority. Quantum’s coming.
GSX is a stable coin backed by gold and a gold mining operation located on 5,000 acres of gold-rich land. The platform performs constant audits to keep investors up to date on all developments. Additionally, the company allows third-party auditors to periodically come and do reports. All of this information is sent to GSX holders.
The GSX token acts as a share of ownership in the mining operation. Also, you can redeem your GSX for its value in gold at any time. This process is simple and there are never any penalties for doing this. However, the less GSX you hold, the smaller your yearly dividends will be.
Self Sustaining Appreciation
Unlike the coins that came before it, only GSX has a self-sustaining appreciation cycle built into its core protocol. As more gold comes from the mine, the company’s value will increase, so will the value of the mine. Also, the value of gold and land increases yearly. All of these factors mean that GSX holders have some nice returns to look forward to.
GSX combines the best elements from a stablecoin, cryptocurrency, and investment coin and is the only stablecoin that grows in asset value continually. It’s faster than Bitcoin and safer than any other coin available today. There’s also a lot of future Dapps to look forward to.
As an Apollo stablecoin, GSX will enjoy maximum interoperability within the ecosystem. Apollo has a flourishing Dapp community that features a robust selection of titles set to release in the coming weeks. GSX holders will get to enjoy these platforms using this revolutionary protocol.
In addition to all of its technical benefits, there is one more benefit to GSX HODLers. The firm employs a high level of deflationary protocols to retain a high value. For example, 50% of all unsold coins will go to a coin burn. You can only get GSX at GSXCDE.com during pre-sale. After the event, the price will rise. There are currently 50% discounts for qualified early-bird investors.
GOLD but Better – GSX
It’s easy to see why the market is ready to shift over to GSX in record numbers. GSX is exactly what the market needs to usher in a new digital era. For now, savvy investors will get on board with this platform before it launches in the coming weeks.