Hello Peter Schiff,

Today I am thinking about what you said on the podcast and that Bitcoin is not backed with anything and does not have a real value (which is true), but what if Gold Money adds a service, where Bitcoin can be exchanged for gold.

Solution 1.
Gold Money cryptocurrency, which can be exchanged only for gold
– generating coins from mining and value is based on market exchange for gold
– generating coins based on the available gold, 1 gram = 1 Gold Money Coin
Solution 2
Account that can exchange Gold Money <> Bitcoin (available trough goldmoney.com)
Solution 3
Account that can exchange Gold Money <> USD, EUR… <> Bitcoin (available trough goldmoney.com)
Solution 4
Gold Money Wallet on top of Bitcoin, where each received Bitcoin is converted to gold when received and converted to Bitcoin when sent.

Thank you for your time and I hope to get your thoughts on this with reply to this email or in one of your podcasts.

—
Best regards,

———————————-

Ivan Gospodinow,
Web Developer,
Web Consultant,
www.2kblater.com

EDIT
here it is, 26 days later : https://www.youtube.com/watch?v=QzYsO7N7YRc