● What is Aureus Nummus ? ? ?
The name Aureus stands for gold, Nummus stands for coins, so AureusNummus stands for GoldCoin. In ancient Rome during the reign of Julius Ceaser around 1st century BC, the Aureus coin was the highest value for exchange because of its high density of gold content.
Gold has always been one of the most valued precious metals even when it was mainly used as ornamental and luxury.
With time, individuals no longer had easy access to Gold, ownership and exchange became centralized and controlled by Government and huge corporations.
The coming of Blockchain Technology brought about decentralization of assets, a lot of companies started toying with gold backed assets, anyone could claim immutable ownership of assets legally as records are kept on a digital ledger showing computerized monetary value.
With Aureus Nummus, an individual or organization can own a transferable digital currency (ANG) an asset issued by AureusNummus to represent an actual physical Gold owned by the individual/organization and kept safe in a vault for you. Holders can demand for their physical Gold in exchange for their ANG.
NOTE: AureusNummus aims to create a global digital PAYMENT, SAVING and INVESTMENT platform for everyone with focus on the unbanked.
● How would this work?
The value of gold keeps rising yearly making gold a great investment asset, a lot of cryptocurrency have no backing with any real world asset just like fiat currencies. Aureus Nummus (ANG) as a cryptographic form of digital money offers security for the dangers of dumping and worthlessness that associates with lots of major cryptocurrencies. Holders wouldn't need a bank account, credit cards, kyc, etc.
The digital cash Aureus Nummus (ANG) is a resource, backed proportionally by Gold, the cost is based on the cost of gold bullion(100,000 ANG to 1 ounce of gold bullion). It's Gold reserve sets it apart from all cryptographic monetary platforms.
Individuals and businesses can make transactions, receive payments and pay for goods and services using ANG tokens.
● FEATURES of Aureus Nummus
✔ Blockchain based: making it
-fast
-Secure
-Independent
-Trustworthy
-Decentralized
-Open source
✔ Backed by gold:
-Inflation-free,
-Fixed supply (unchangeable number)
-Inflation free.
-Not mineable
✔ No bank accounts required
-No credit/debit cards
-No extra charges
● ANG (Aureus Nummus Gold) Coin information
Name: Aureus Nummus
Symbol: ANG
ANG token value : has a fixed exchange rate
100,000 ANGs = 1 ounce of gold bullion
Fixed Supply: 60,000,000,000,000
There is no maximum price value limit for ANG coin, the minimum value is 1:1 of gold equivalent.
Token sales is ongoing, 1st airdrop have been completed, the minimum amount of tokens one can buy is 5000 ANG tokens, All know payment systems have been made compatible for purchase of tokens, right now you get 100% bonus of all the tokens you purchase at token sales.
● Conclusion and final thoughts
ANG digital asset in circulation is backed by real goal equivalent,
Individuals and businesses can make transactions, receive payments and pay for goods and services using ANG tokens which is just as good as using your owned gold as medium of exchange.
● For more information please visit
WEBSITE: https://an.gold/portfolio/what-is-the-aureus-nummus//
Read
WHITEPAPER:https://an.gold/wp-content/uploads/2019/08/AN_presentation_wd.pdf
Follow
LINKEDIN: https://www.linkedin.com/company/aureus-nummus-gold/?viewAsMember=true/
FACEBOOK: https://www.facebook.com/aureusnummus/
TWITTER: https://mobile.twitter.com/ANummus
INSTAGRAM: https://www.instagram.com/aureusnummus/
TELEGRAM: https://t.me/AureusNummus_community
REDDIT: https://www.reddit.com/user/Aureus-Nummus
YOUTUBE: https://m.youtube.com/channel/UC6sHSzrZBuFvrLi0K9rQKcA/featured?view_as=subscriber
● AUTHOR DETAILS
AUTHOR NAME: EbriDan
TELEGRAM USERNAME: @EBRIDAN
https://t.me/EbriDan
BTT USERNAME: EbriDan
BTT PROFILE LINK: Https://bitcointalk.org/index.php?action=profile;u=1768850
I did read the website listed above, and it claims that there is "no single point of failure" Still you claim to back this currency with gold stored in a safe somewhere. In my view, that safe is a single point of failure, because it exists in the physical world, in a place that is under the jurisdiction of a state. Thus it is subject to expropriation. Just as once happened with e-gold (if anyone remembers e-gold any longer).
Neither is it trustless. Users must trust you that the stored gold really exists. If you prove that, you will also reveal where it is to authorities, and then it is just a matter of time before they invent a reason to take it.