Reply To: What is your opinion of a gold based crypto like PAXG ?

[Adam Nealis]

The biggest problem with gold-backed cryptos (and vaulted gold) is regulatory. So far I haven’t found one where you could frictionless buy some, and then when you need to, redeem it out in physical some place other than the jurisdiction in which you’ve been KYC-ed.

I asked Kinesis about this, and they said it is no problem for them to deliver to a different jurisdiction then where you were KYC’d.

That aside, any progress on digital gold in general?