Bitcoin has just hit $38,400 and GoldMoney (TSX: XAU) will be launching revolutionary disruptive new Crypto/NFT technology this week called Totenpass that will become the new industry standard for Crypto/NFT cold storage and custodial services.
Between 2011 and 2013, 600,000 Bitcoin were stolen from the world's largest Crypto exchange at the time Mt Gox. Those Bitcoin would today be worth $23 billion.
In 2016, 119,756 Bitcoin were stolen from the world's largest Crypto exchange at the time Bitfinex. Those Bitcoin would today be worth $4.6 billion.
Today's institutions are relying on out-of-date USB drive technology for Crypto cold storage and custodial services. These USB drives can easily become corrupted causing them to lose billions of dollars worth of Bitcoin. Because of this, many exchanges also use paper backups that create an extra point of vulnerability.
When the next high profile hack takes place... the Crypto community will be pressured into adopting a new more secure form of cold storage! XAU will become the #1 biggest play in the entire market!
XAU's breakthrough disruptive technology combines the technological advantages of Crypto and NFTs with the physical properties of gold!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA's President has purchased 45,000 shares of XAU in the open market. He intends to sell these shares in the future for a profit and can sell them at any time without notice. This message is meant for informational and educational purposes only and does not provide investment advice.