Topic: Virtual Gold - GoldBars GBS - A Cure For Poverty CROWDFUNDER With ROI (Read 1460 times)

you've always had the best most sophisticated looking websites. who's your webdev? also where's the wallet? multipool? trading on exchange. how to get some gbs now?

I am willing to listen to and take on board comments that will help this advance, or to ideas that provide genuine realistic alternatives to be able to cure global poverty without devaluing current markets or displacing existing business and industries.

I have happily given the opportunity for people to help crowdfund something revolutionary, beyond the scope of conventional single planet economics, and be a part of changing the lives for millions of people over the world, and ultimately could help influence a fairer global financial system. Crowdfunding is purely a way in which to fasttrack the solution, please be aware;

"Virtual Gold only needs two or more countries from the registered countries of the United Nations to accept, endorse and approve our strategy and platform to be able to commence creating wealth. By the same token, it would only take two or more countries outside the United Nations to accept, endorse and approve our strategy and platform to commence creating wealth. With over 190 countries to approach for consideration, it is likely that between 5 and 10% particularly poor countries will be interested in working with us."

The suggestion about involving and getting support from charities by way of endorsement has been taken on board, a presentation is being made at the moment which can be delivered to charities, again this is being done out of my own personal time and money and will take some time.

We have also contacted television about appearances on topical programmes which will keep everyone updated on.

Thank you for your support!

The first thing really you should have done is just asked "can i ask why you are crowdfunding because it looks like it would pay for itself?"

Here is some information first of all about crowdfunding;

1) We have placed a basic crowdfunding of £10 to raise to pay for legal fees for negotiation with governments, court fees and any licensing fees (which in fact may cost millions)
2) We have stated that for a fund of £50 IF the project is successful that £50 will be returned in full to the donator.
3) We have stated that for a fund of £100 IF the project is successful that £100 will be DOUBLED and returned to the donator.

The reasons behind this are that if the appointed legal team is successful in establishing Transit State Commodities as a way in which we can soundly and economically cure poverty and prevent any future financial crisis we would have the ability to issue money to crowdfunders. That would be part of the licensing.

At the end of the day, I created Virtual Gold (Transit State Commodities), I created Aerarium Universitas (the worlds first and only global treasury to issue such commodities) and I will make the decisions on the application and running of both, it is that simple. Unlike governments and banks, I am not doing this to make money, it is to solve a purpose and that is the world needs ALOT of money.

Secondly

It is not a "coin". It does not serve the purpose of providing a way for people to transact currency. Virtual Gold is designed to be stored and invested into new or existing digital currencies depending on future markets. For example if we create a new coin, lets call it coin A, with 100 million units, we only need to store 200 GoldBars (GBS) locked in a central vault to give INSTANT value of $1 each to those coins. Those coins would either then be used to inject into welfare, homeless, jobless OR even be used as pay for particular jobs.

Everybody wins with this, because it helps people through every class system.

Thirdly

I created all the websites, I have done all the ground work, and paid for all fees so far (from personal funds) in all development and appliation so far that exceeds a value well over £50,000. I am giving the opportunity for people all over the world to contribute (thats 100,000 people to donat £10) which will then be ringfenced to pay for all legal costs involved with persuing obtaining licensing. European finance lawyers, patent applications, international trademarking and protection all cost an absolute fortune.

Fourthly

I have been mining and participating in digital currencies since mid 2013, was at the launch of Dogecoin, and have the following;

Small amount of BTC
2,000+ DMD
1,000,000 Doge
1,000,000 Digibyte
10,000 IOcoin
and various other digital currencies.

Sure, they may be worth something, and I may earn a nominal living from running Virtual Gold and subsequent organisations, but at the end of the day the world would be $127 trillion+ better off and people wouldnt have to drink crappy water or look through trash heaps for dinner in third world countries.

Take away everything and the most important things are family, friends, a roof over your head, food, hot and cold water, a shower - we should all have this, which is why A Cure For Poverty was created.

IT DOESNT MATTER TO ME WHETHER CROWDFUNDING IS SUCCESSFUL OR NOT ITS NOT ME THAT WILL LOSE OUT BY NOT HAVING A CURE FOR POVERTY, I WILL CONTINUE REGARDLESS BUT INSTEAD OF TAKING 3 YEARS TO ESTABLISH IT WILL TAKE 10+ . IF CHINA, IRAN OR KOREA FINDS LOTS OF GOLD IN SPACE AND KEEPS IT TO THEMSELVES THEN ITS GAME OVER FOR THE REST OF THE WORLD, THINK ABOUT THAT...

Im not sure you understand the complexity of the logic involved. You certainly are making some assumptions without in depth consideration.

Have a real good think about what you are saying and here is why;

"Given, using speculative faith, that there is sufficient gold throughout our universe (that we havnt seen), that one day we will live in space (that is a certainty), and that one day we will harvest commodities on other worlds, the belief is that it is true", and let me tell you why below;

"Give, using speculative faith, that there was a man named Jesus (who we havent seen), who was the son of God (who we havnt seen), that performed some miracles (that we havnt seen) and created a universe (that we havent touched or explored), does that mean that all religions are based on nothing, that they are meaningless, utopian fantasies??

The answer is no. Because it gives people hope, people purpose, and ultimately fills an absolute need for humanity, and that is why this is not a scam, and it will be a reality.

Like i mentioned to other people, 18,000 children die from poverty and disease each day, every shout of "scam", and contradiction is not helping and just delaying the time it takes to help these people.

It is, in most circumstances, unlikely that we will find and harvest gold from other planets within the next 50 years, and even so im small amounts. In fact we are likely to create small off world colonies on mars and other planets or live in space stations in space while we harvest all sorts of resources.

Flawed logic - the logic is not flawed at all. In fact economicaly, it is the only way in which governments and banks would even consider virtual commodities of any kind because there has to be tangibility.
Meaningless research - again, its not. Based on scientific parts per billion of earth there is estimated to be 131 trillion trillion tonnes of gold through the universe, I don't disagree with science.
Utopian fantasies - again, not. If you have a better logical, economic, practical suggestion how to create wealth then by all means share, im all for that.

Decreasing value - again, you are wrong. Because Virtual Gold exists on the blockchain, it is a source of central issuance, that is it can be used as loans to governments, it can be used to provide dedicated funding streams, it can be used to invest wealth in digital currencies, but because it is harvested from other planets technically in terms of planetary economics, the resources found on planets (unless gas) are likely to remain there for on planet consumption. That means there will never be an over supply and because mostly it will be preallocated on the blockchain actually it can be revoked and reissued with a global license.

Additionally, because Virtual Gold, would exist in an entirely separate (parallel) economy mixed only through banking and digital currency, Virtual Gold can be market added at the same value as 400 ounces of gold, e.g. 1:1 goldbar value of $520,000 each unit. This would create an initial cap of $127 trillion with almost infinite wealth available.

The law of the universe is that it gives you what you "need", not what you "want".

If you can think of a better way to cure global poverty then by all means do so, otherwise not crowdfunding means that the process will take around 3x as long due to no finance available, unemployment, etc etc.

Plans to talk to journalists, magazines, television and more are in process.

Fixed link, something happened when the edit was made.

Link is http://www.crowdfunder.co.uk/a-cure-for-poverty/

We've estimated that it will cost in excess of £250,000 each year for three years to be accepted through numerous parliaments including the UK, USA and Australia through legal negotiation and obtaining licensing. We have already been in contact with HM Treasury regarding establishing a relationship because we have to obtain a license to print and manage money in each country we want to work in.

We have also been in contact previously with Red Cross International and are still awaiting a response from them.

Further enquiries are currently being made to the Bank of England, Oxfam and other major organisations to support us but these take time.

Rather than shout scam at everything, why not actually take steps to help, time costs nothing.

Did You Know?

1% of the world owns 50% of the worlds wealth.
That's $500,000+ each for 70 million people in the world.
Leaving just $5,400 each left for the remaining 6.9 billion people in the world.

Every day that goes by that the world is not creating enough money 18,000 children die from poverty and disease. Shouting scam isn't going to help them.

Very disappointed at that comment, Bitcointalk seems to be full of negative comments these days. Not at all. This has been in development for over a year, started by me and a few colleagues when we used to mine and trade with Coinex.pw before they went awol.

It's not a scam. It's a legitimate way to create new wealth in society, the current economy is based around the oil price, GDP, and actually by global calculations gold owned by sovereign states and governments has been more than double spent, in fact it has been spent over 5 times its value which is why all current currencies are devaluing all the time.

Couple of facts for you;

1) Around 18,000 children die each day from poverty and disease worldwide according to Unicef. When the European Bank did not do any quantitative easing in 2007 when the recession started, it decided to wait until 2015? The $1 trillion that was printed (against thin air) could have helped save over 40 million lives in that time. Banks print money to increase GDP and make money, they are not at all interested in helping people who do not contribute to making money. That is a fact.

2) Digital currencies DO NOT make new money. People mistakenly think that proof of stake makes more coins and therefore more money. Wrong! Proof of stake acts as a small consistent quantatitive easing process which slowly dilutes and therefore reduces value in that particular coin. Once digital currencies absorb all world money, the same problem will exist, there is no way in which large amounts of new money can be created outside of the GDP / Debt structure. That is why our strategy is different.

You MUST in order to create money at least borrow against tangible goods.

For example, imagine these steps and apply them in a bigger capacity;

You have told there is your dream car for sale at a garage near you.
You havent seen it but you are told by a reliable source that it is there.
You go to the bank and ask for the value against the car.
The bank give you the money because (a) it wants to make money from you and (b) it is a tangible good that you will be getting at some point in the future.
(its up to you how long you wait before you pay for it)
You then collect the tangible goods which have been pre-allocated and then use it.

Compare that with Virtual Gold;

We need to create new money in society but also establish a way where not one country can monopolise that wealth.
Scientific calculation has told us that over 131 trillion trillion tonnes of gold exists in our universe, a reliable source, we could use that.
Th universe is our bank, we know the gold is there, so we can borrow value against that gold.
We issue the money, some for the benefit of society, the remainder is used to create jobs to fund the retrieval and storage of new wealth.
The governments grant permission to "print" money because (a) it needs and wants the money and (b) it pays for things that the government doesnt have to.
There are no urgent repayment terms, because the wealth is almost infinite.
We then collect the tangible goods which have been pre-allocated and then use it (can be 100, 200 even 500 years it doesnt matter).

This scenario is almost identical, and therefore can be applied to global finance.

Face palm, this is not the way to go if you really cared about poverty you would need no crowd fund to accomplish a coin that any dev fund would be paid to a legit charity, if you led the way maybe miners and investors would help also.

But, probably not... so don't get your hopes up. Seriously flawed logic, meaningless research, and utopian fantasies. (Have you considered the fact that if we somehow started to mine extensive amounts of gold, the value would decrease? Oh, and let's not mention that basing a currency on a commodity (money) that one doesn't have yet, (and may never have - EVER), is an entirely absurd proposition, and a verifiably unsound economic strategy.)

Never the less, good luck with your project - your going to need it... tonnes and tonnes of it.

link is broken.. and tell us why would anyone hand u one mil pounds?

Obvious scam is obvious...

Create some partnerships with charities that are verifiable and you might be considered lmao

Scam?

Hello! It's Clackersmaracas here, founder of GoldBars (GBS). Now we have an official global strategy we are looking for crowdfunding to a £1 million to pay for legal fees to establish Virtual Gold as a centralised global issuer of new wealth into the global economy to prevent any future financial crisis and ultimately cure global poverty. Need to raise approximately £1million for legal fees to start the process of officially establishing Virtual Gold as a means to cure global poverty and create 100% new wealth - that means in 3 years there would be no poverty, jobs for everyone and a better standard of living across the globe. GoldBars (GBS) is one year old on March 8th 2015Please read below and help us achieve our target! Thank you!!!!

http://www.virtualgold.org/images/acureforpoverty-live-1280.jpg

Project aim

The aim is to increase global wealth to cure global poverty using Bitcoin technology by creating $127 trillion+ of new wealth.

About the project

18,000 children die from poverty and disease every day according to Unicef. The World Bank has said it can cure poverty in 15 years. During that time over 98 million children alone will die from poverty and disease, is it fair to make people wait 15 years? Virtual Gold is available now and can cure global poverty within 3 years maximum!

Until the 1950s paper notes were printed against gold stored by the government, over time there simply was not enough gold to print more money so what these governments did was just print more money against the same gold, what this does is devalue your currency but creating more of it, this is called quantitative easing, its done without your permission and makes your money worth less.

There is an estimated 200,000 tonnes of Gold on earth running the global economy, however this is too little, with 18,000 children dying everyday from poverty and disease.

Scientific research done at the University of California calculated that there was as much as 131 trillion trillion tonnes of gold locked in planets and stars throughout the universe. What if there was a way we could use this wealth before we actually harvest it, well now there is.

Virtual Gold was created using Bitcoin Technology called the Blockchain. It is a public ledger that shows every transaction digitally from every owner. GoldBars (GBS), its original name, was created with an initial 240 million units designed to mimic the 400 ounce goldbar, and provide a unit of storage and transaction with each unit existing in one of three states;

Virtual - the gold has not been found or harvested from another planet so stays purely virtual

Transit - the gold has been located and is in the process of harvesting, storage or transporting

Digital - the gold has been stored or transported and thus full value has been applied

Some potential uses of Virtual Gold;

1) Curing global poverty, by printing money against 240 million units could create $127 trillion of new money, with an almost unlimited cap and all transactions available to see through a public ledger NOT privately through banks

2) Funding a global health service creating jobs, better health care, and a universal access to treatment across the world

3) Funding a welfare system that does not punish unemployed but maximises their potential as consumers and contributors

4) Loans to governments to reduce consumer debt with much lower interest lending

5) Investment in space transport, technology, and research to enable us to harvest valuable commodities whilst sticking within the 1967 Outer Space Treaty 1967 as directed by the United Nations

6) Invest in new biological and technological research to reduce climate change, reduce disease, and help grow more food globally

7) Provide funding streams for humanitarian aid and conservation to protect our planet

Cool Provide money to new digital currencies

9) Ensure that all existing investments, currencies and economies retain value without being negatively affected in any way.

10) Create and fund new industries that will not displace existing industries to create millions of jobs worldwide.

Virtual Gold has everything we need to cure global poverty in a responsible and regulated way.

Testimonials

There are currently no testimonials.

FAQs

What will the money be used for?

The money will be used to pay legal fees to establish the right to establish Virtual Gold as a global source of new wealth. As soon as the project reaches its target £900,000 will be ringfenced for securing the very best legal team to represent our innovation in the UK, USA, Australia and other European developed countries including the establishment of any trademarks, patents or official filings. The remainder will be used for marketing, development and establishing a permanent digital registry.

Are banks and governments involved?

Virtual Gold would be delivered by Aerarium Universitas, the worlds first global treasury, completely independent of banks and governments.

Will Virtual Gold be regulated?

The aim through proper legal process is to become regulated in as many of the worlds 190+ countries as possible.

When was GoldBars GBS (Virtual Gold) created?

GoldBars GBS was founded with the genesis block created in February 2014 using Bitcoin technology. Public launch was on March 08, 2014, 10:38:38 PM.

Where can i find out more information?

You can find out more about Virtual Gold and Transit State Commodities on the official website at www.virtualgold.org

What is Bitcoin?

Bitcoin is a technology secured by cryptography that requires multiple wallets to confirm transactions on a public ledger. This prevents fraud, double spending and corruption as it requires much more than just two parties to confirm a transaction to the ledger. For more information visit www.bitcoin.org

How much gold is there in the world and universe?

On our planet there are around 200,000 tonnes of Gold, the worlds total asset and money value is estimated at $75 trillion (around $10,000 per person). There is predicted to be 131 trillion trillion tonnes of Gold throughout the universe, 240 million units of Virtual Gold would create $127 trillion from allocating just 2,721,551.28 tonnes. The difference in value shows just how much money has been printed from thin air, effectively the world has printed 5 times as much money as it has gold, that is NOT good.

How long will it take before we know whether the project is successful?

We estimate that it may take up to three years, and a cost of between £250,000 and £300,000 per year to fast-track Virtual Gold through government acceptance and regulation. We just need two or three countries in the world to accept each unit of Virtual Gold as a 1:1 value of earth gold at approximately $520,000 per unit to establish Virtual Gold and start to cure global poverty.

If you have any more questions please just ask and I can update this FAQ. If you would like to get involved in marketing and supporting our initiative please get in touch with your endorsement.

How you can help if you cant donate!

PLEASE

Follow http://www.twitter.com/virtual_goldand retweet our crowdfund!

Follow http://www.facebook.com/virtualgoldand repost to all your friends.

Add a link to any forum posts to this page.

DONATE NOW AT http://www.crowdfunder.co.uk/a-cure-for-poverty/

Minimum £10 donation.
£50 donation get your money back if we are successful in 3 years target
£100 donation get your money back x2 if we are successful in 3 years target