Digital Gold Certificates in Bitcoin
Digital Assets Golden Notes for Financial Freedom, Gold-Based Man os Exchange
Golden Notes are digital gold certificates backed by certified gold reserves plus gold stored in vaults, transferable via the Bitcoin protocol. They are valid as a medium of exchange, as their value is equal to that of the commodity on the LSE.
Golden Notes is a cryptographic virtual asset developed through blockchain technology - DLT or distributed ledger technology.
Golden Notes are defined as digital assets worth one gram of gold. In addition to the characteristics inherited from the Bitcoin protocol, Golden Notes possess characteristics that define their use as an intangible, tradable, and private virtual asset, and serve as a payment token.
01
Fungible
Each Golden Notes Unit is equivalent to the value of 1 gram of
Gold, the token, is a second layer of value for the 99.99 gold reserves in the Golden Notes vault and in the reserves in gold mineral deposits. These reserves are the underlying collateral for Golden Notes.
Each issuance is possible when Golden Notes agrees to the ownership or usufruct of land with permissions for prospecting, exploration, and exploitation of the subsoil with gold ore. Obtaining the certificate from the surface owners supporting the issuances of the digital asset is managed, and additional reserves for new
emissions as underlying collateral will be obtained subsequently, developing the certification of other surface holders, allowing for certified security and fungibility, in addition to the guarantee of having this real economy asset with certification and a natural capital reserve.
02
Store of value
Golden Notes are comparable in value to gold; anyone can freely use them as a safe haven asset based on gold's stable and robust economics against the inevitable devaluation of fiat currencies and the undesirable volatility of crypto assets. Each Golden Note holder owns, by definition, a digital asset representing the value of one gram of gold. Once acquired for the first time, they are backed by 99.99% physical gold reserves for 70% of the total asset. Golden Notes are the depository, owner, and custodian of the physical gold held in the vaults of AA+-rated custodian banks.
Golden Notes are a store of value not only because they are backed by physical gold,
but because the digital asset is built to be a "payment token", collateral
underlying countless other tokens that can be moved in any area of human action. Gold, represented by the Golden Notes, is the price standard of this macro-system.
03
Unit of Account
Gold has been used as a form of payment for thousands of years, however, despite the enormous advantages it possesses, today it is not a standard of pricing by convention, which makes it difficult for the public to
generally understand the equivalence between a given amount of gold and the goods or services you purchase on a daily basis. Golden Notes allow you to have an investment equivalent to gold and use it as a unit of account in exchange for any good or service, while expressing the amount in the local currency,
standard you're used to. By using real-time equivalencies, you can understand your purchasing power in terms of the fiat currency of the environment you're in.
Divisible
Each Golden Notes Token is equivalent to the value of one gram of gold, which in turn is divided into 10,000 equal parts called quarks (each quark is equivalent to 100 micrograms of gold), small enough to allow microtransactions. Golden Notes allow peer-to-peer transfers of the virtual asset.
real time at near-zero cost.
Portable
The Golden Notes web application allows holders to send and receive Golden Notes with counterparties anywhere in the world in real time, instantly, or store their Golden Notes in personal wallets, with private cryptographic keys held in custody and accessible only through their personal Google account.
Easy Acquisition
Loading Golden Notes wallets is very easy through the web application at golden-notes.com; the user must register on the platform to obtain one or more wallets that allow them to send, receive and store their Golden Notes.
From the same app, wallets can be topped up by converting Bitcoin SV to Golden Notes, or by purchasing Golden Notes in a voluntary agreement between parties in exchange for another fiat currency or digital asset.
Liquidity
Golden Notes are not listed on cryptocurrency exchanges, and the reason is simple: they were not designed to be an asset that trades in the speculative market, but rather in the real world. Once loaded into an account, the user has associated with their private key a number of Golden Notes with a value comparable to gold, tradable in the peer-to-peer environment.
from the golden-notes.io platform and other real-world trading platforms that have adopted them. However, if a user wishes to return Bitcoin SV from Golden Notes, it is possible to do so through the golden-notes.io platform,
Bitcoin SV can be exchanged for other crypto assets or fiat money on the various fintech platforms available for this purpose.
ECONOMIC THEORY IN GOLDEN NOTES
We believe in individual freedom as a necessary factor for living in harmony with natural capital. In this sense, our economic planning proposal focuses not on planning, but on producing technology that improves free trade between human beings. Our practice of life considers freedom as an intrinsic necessity of being, and we believe, like Carl Menger, that economics derives from philosophical logic.
Golden Notes shares postulates from his work The Origin of Money, by reclaiming the properties of good money, whether as a means of exchange or as a store of value:
