How an Emerging Markets Currency Crisis will Cause Coin Prices to Explode

A fast-moving emerging markets crisis can greatly increase demand for cryptocurrencies. Altcoin prices could shoot up as residents of crisis nations seek safe havens for their money.

Cryptocurrency is the easiest and fastest way for Argentines, Turks, Venezuelans, and others to move their money out of country. All a person needs to convert funds to altcoins is a credit card and an internet connection. Anybody can download a digital wallet, and buy cryptocurrency in a few seconds.

Read more

Is the GoldMint Cryptocurrency for Real?

GoldMint operates more like an ETF than a typical cryptocurrency. It publishes a quarterly report like a company and calls itself a cryptoasset.
A long-term plan is to float a GoldMint stock on markets in the United States in Canada. Therefore, GoldMint is actually an exchange-traded fund that operates partially on the blockchain.
If these plans come to fruition, GoldMint will be a hybrid ETF backed by cryptocurrency, gold, gold futures and lending. That would be a risky investment because it is unprecedented and unproven.

Read more