Unlike other tokens that are backed by nothing just like fiat currencies have nothing backing them, GPC tokens are 100% backed by tangible, physical gold that is thoroughly measured and monitored on an ongoing basis.

No. Most stablecoins are tied to the price of a particular nation’s currency, yet there is doubt about whether or not all stablecoins in circulation are backed by actual money. By contrast, every single GPC token is backed 100% by proven gold. So GPC is not a

To keep it safe, all GPC gold will be monitored regularly by drones and satellites. Every year our gold holdings will be audited by 3rd parties, and these audits will be made available to the public. Unlike some central banks that haven’t had their gold holdings audited since the 1950’s, we’ll give GPC users full confidence that the gold backing their tokens is actually there.

GPC tokens give you the easiest way to buy, spend, and sell digital gold. You can buy GPC to be used as part of your savings, you can sell it whenever you want to convert part of your savings to another asset (real estate, art, NFT’s, etc), and you can spend it. Soon, you’ll be able to spend GPC with a debit card as easily as you spend money in your local currency now.

Since 1971 when Richard Nixon closed the gold window (the ability to convert US dollars to gold at the bank), all currencies in the world have been fiat, meaning they’re no longer backed by gold. This has caused the price of gold to rise from $35/ounce in 1971 to over $1600 today. To preserve the purchasing power of your savings, you can move part of your funds into GPC, which is fully backed by gold, which has been valuable for all of human history and used as money for over 3000 years.

The World Gold Council estimates that for every ounce of gold sitting in private vaults, between 40-95 people have been sold SKRs (Safe Keeping Receipts) for that gold. That means only 1 of the 40+ people can actually redeem their certificate for the physical gold and the rest have been defrauded. So we do not recommend buying SKRs.

As to whether you should buy physical gold or GPC, we recommend you buy some of both. Have some physical gold you can use to make purchases in an emergency (you can buy it from GoldSilver.com, Kitco.com, or a local precious metals dealer near you), and have some GPC that is easier to buy, to store, and to spend on a day to day basis.