Digital Gold : Sounds like a scam to me.You know after the number of people got scammed on bitgold,people don't want to take risks with assets which doesn't physically exists when they're suppose to be.
I skimmed through your white paper,honestly,you're not really solving any problems which you described in the introductory section.I mean I get it you have more secure business model and such but that's what other altcoins are doing or have done,isn't it ?
Hello Patatas
Thank you for your feedback, and gentle takedown
(some people can be brutal, I appreciate your approach). We totally understand that people have been burnt in the past by other digital gold company concepts, and as you said we're attempting to bring a much more secure business model - you can read more updated information about this by visiting the main page:
www.dinardirham.com and clicking on the "Technology" and "Security" tabs at the top of the page.
As to other altcoins: with cryptocurrencies, experts will agree that volatility is a major problem... and a major drawback to people and companies that would otherwise consider using a digital currency. What DinarDirham is trying to perfect (and I think we've done it well), is connecting a cryptocurrency to a physical commodity, which creates a more stable digital currency, which in theory is much more reliable then a conventional altcoin, who's instability could (and has in the past) drastically lose value. We're looking to draw an audience of people that like the idea of a digital currency, but haven't been able to trust the instability factor, and those who have a liking to own gold, but would rather not keep/carry physical gold around.
Hope that more fully explains our position
And again, thank you for your feedback.