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Main => General Discussion => Topic started by: bluebit on December 02, 2014, 02:59:49 am

Title: What if we reached out to the Newmont Mining and Precious Metal Dealers
Post by: bluebit on December 02, 2014, 02:59:49 am

I have an idea, what if we started have discussions with Newmont Mining so that people could buy their precious metals with BitGold, BitSilver, etc. We need to make it clear that Newmont should be the first to accept BitGold in exchange for the real metal. What do you guys think? When should we have this discussion, how do we prepare for something like this, who would be the key people to make this possible.

"Newmont Mining Corporation, based in Greenwood Village, Colorado, USA, is one of the world's largest producers of gold, with active mines in Nevada, Indonesia, Australia, New Zealand, Ghana and Peru." http://en.wikipedia.org/wiki/Newmont_Mining_Corporation

Title: Re: What if we reached out to the Newmont Mining and Precious Metal Dealers
Post by: Troglodactyl on December 02, 2014, 03:21:14 am

Go for it.  I don't think it's to early to start reaching out and educating such entities now, though they'd probably want to wait until it hits 1.0 to go live with it.

I don't think there are any key people needed to make this possible except on Newmont's end.  They'd just have to be convinced bitAssets can be trusted to track, and then they'd have to figure out what cut or fees they needed to stay profitable on the trades.