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| Coin coin cryptocurrency | When holding GLC, investors have access to unique features such as two-minute confirmation speeds, making it the fastest transaction of all gold-pegged tokens. This deflationary-based system is the complete opposite of what we have in traditional finance, where governments have the license to print an infinite number of fiat notes and inadvertently devalue their currencies. As a cheaper and more convenient alternative, we may one day see gold-pegged tokens become the new dominant form of gold ownership for a global, decentralized base of people. Speed and cost: Sending and completing cross-border transactions using cryptocurrency is much faster than using the legacy banking system. Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated. Read More. Now, let us take a look at how crypto transactions are vetted. |
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