Tuesday, September 4, 2018

Crypto Currency, gold, and fiat Currency problem

Crypto Currency, Gold and Fiat Currency Problem

Bitcoin is created to solve financial market system. It is rising when almost all Currencies dropped.

Thegreatcoin is designed to solve Bitcoin problem for a store value. As Bitcoin and all Crypto Currency are very fluctuative, and 62% at the industry use them for investment/trading, they are not suitable for investment as they don't have intrinsic value. It is ok for trading, qualifed trader, but trading for some people is treated as gambling. In thegreatcoin, you will understand that it is a good instrument for investment, better than traditional instrument.

TGLD is tokenised gold, it is created to make Gold for daily transactions. With 1 TGLD =0.0001 Gram gold, it can be used for small transactions. TGLD can be a good Currency, better than Fiat Currencies and better than all cryptocurrencies. It just need to be supported by payment channel like Lightning.  it now is supported by waves, can transact until 1000 tps, much Better than Bitcoin, Ethereum or Bitcoin Cash.

T-IDR is tokenised IDR with ratio 1:1. It is Rupiah in digital version. Pay by Rupiah can not be traced. it needs banking system to proceed. But, using T-IDR solves that problem.

*Mamat Rohimat, Founder Thegreatcoin, TGLD, T-IDR

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