People in China are starting to get it. Paper currencies are problematic and becoming more so every day. Every time there is a devaluation or an implied devaluation of Chinese currency, the electronic currency Bitcoin goes through the roof.
Then the government smacks it down again to protect the currency. Everyday Chinese citizens are looking for options to preserve their wealth short and long term when currencies struggle or fail, and now the younger generation is resorting to a digital payments system set up by the banks in China where they can gift, buy, and sell “digital gold”, among other things. This is not real gold, it is VIRTUAL gold. It is a promise to pay only. In other words, it is a digital agreement based upon real metal. However they never actually own the metal. But millions of young Chinese are buying into the system, looking for another option.
The word about Bitgold has not reached them, but when it does, a lot of people believe there will be a frenzy, and gold will go through the roof. This is because Bitgold is everything that digital gold is not. Bitgold is actual metal you own in one of the most secure vault systems in the world. It is real gold metal but tracked on the bitcoin protocol. It is owned solely and wholely by you, is fully insured, and is accessible either for delivery in bars to your door or for spending on groceries with a debit card. It is one of the best ways to protect your wealth with security and convenience.
Get a personal account at Goldmoney. You will be glad you did.