Vaultoro

[Mike Cautillo]

Anyone use this company....seems like a very interesting offering. Feedback would be greatly appreciated.

[Fremont]

Anyone use this company....seems like a very interesting offering. Feedback would be greatly appreciated.

Haven't used this company myself but its CEO, Joshua Scigala, did an AMA right here on The Bitcoin Forum and you might get some useful info about them in that thread.

post7403.html#p7403

Fremont

[Vaultoro]

Hi Mike,

Joshua Scigala here from Vaultoro. I just stumbled across your post and thought I would say hi.

If you have any questions please don't hesitate to ask.

[iFixBTCmemoryIssues]

Anyone use this company....seems like a very interesting offering. Feedback would be greatly appreciated.

Vaultoro is a top notch company!!!

[Vaultoro]

Thanks mate!
We are a group of people dedicated to the cause of freedom of commerce. Bitcoin and gold are our passion. Individuals in the developing world want to use Bitcoin but don't want to jump back into their poorly managed economies. They are starting to use Vaultoro like bitpay but instead of insta selling for fiat, they are instantly converting to gold.
I think that's a compelling use case of our platform, and we will further partner with people building out infrastructure. Gold has 3000+ years of history as a store of value but hard to move around. Bitcoin is very young, and no one knows if it's going to be a good store of value with alts like Etherium or whatever. So people can use bitcoin to receive money, and then save that value in allocated bullion which can then be instantly spent again down to 4 cent increments as Bitcoin.

The other great thing about gold is that it's a good and in any "free" country you can buy goods without showing ID. So this means that people in developing countries that don't have the paperwork to satisfy most KYC regulations can still hedge Bitcoin.