Digital currencies: A gold standard for bitcoin
By GCRU Gold News on Friday, May 15 2015, 22:49 - Permalink
BitGold wants to create a platform similar to PayPal for gold, allowing users to set up an account in minutes and buy gold, which it can transfer to anyone with a mobile phone or email address. The gold can be bought with a credit card or bitcoin. It has raised around $12m from outside investors, including Soros Brothers Investments, run by George Soros’ son, and Canadian asset manager Sprott.