Jul. 18, 2018
Dear,
The world is digital.. as humans, we cant exist without digital anymore.. we just evolved into this new creature that cant live without looking at a screen (social media, news, videos..). Even kids dont know what to do with their lives without ipads anymore. Everyone has an “improved” virtual “self” character living in the cloud (ex. Instagram profile). Well, gold needs digital too.. but with a few improved attributes since in digital, we could be more creative than physics. Anyway, for non-techy people, its super hard to store and maintain this digital gold (its very similar with normal gold), so they are left waiting on the line and watch while others enjoy their new goal.
By approving an ETF, you just allowed the planet to own the new gold without worries that they will lose it and not be able to protect it.
Oh, and we are all aware that those ETF applications wont ever stop, so why waste your time and energy again in few months when another player submits a new application for it.
Regards
Denko