i am sorry
metaexchange only deals with real BitGold
Don't be rude to the noob.
What he means to say is that you just bought your "bitgold" from a privately held company that controls their own records of who owns how much "bitgold"
There are many privately owned companies that will sell you "bitgold"
just as there are thousands of companies and private individuals who will sell you a "blowjob." Would you take a "blowjob" from just anybody? Then why would you buy your "bitgold" from the first person who offered? You better shop around mama. Compare prices and quality, check the rep, look for cold sores, etc.
bitreserve.com is another such company who will sell you an IOU, and says that you can redeem it for gold anytime you want to, but only that company controls their accounting ledger that says you own it. You must trust that they will not steal your money by erasing your name from their accounting ledger. You also must trust that they will not skip town knowing that they have total access to everyone's bitgold who bought some from them. In other words, you must trust that they will not be tempted like Mark Kerpeles to push the button that accidentally transfers every ounce of bitgold they ever sold into their offshore bitcoin address in Bali. Do you know the owners of the company that you sent your money to? and more importantly, do you trust them with the ten million dollars that thousands of people just like you gave them?
BitShares brand "bitgold" is a publicly owned blockchain accounting ledger (that says you own the right to your gold) that cannot me modified to erase the record (no more than bitcoin can be hacked) of your bitgold holdings unless 51% of all the company owners publicly agree to screw you. and if you ever get nervous and start to think that the owners of the company are plotting against you and are about to vote to modify the blockchain to steal your money by erasing your name from the public ledger, then you can purchase shares in the company (BitShares) and campaign to erase
their names form the public ledger! But currently, it's pretty hard to get more than a few owners to agree to destroy the integrity of the entire public blockchain.
It's all perfectly legal right here in the good old U S of A
So, as you can see, there are many different companies who will sell you bitgold. Your only question that you have to ask yourself is "which company do I trust to not steal my money?"
and let me guess:
you gave them more personal information about yourself than a fake name.
So now they have more information about you than you have about them, and they know that you have enough "discretionary income" to send $$$ to an unknown dude on the internet.
I'm not trying to be rude, just don't be gullible guppy. Mt Gox was not cool, and neither is a company that won't let you control their accounting records. Hey, we all make mistakes, but seriously man, take care of yourself. This is 2015. Stay alive.
https://www.youtube.com/watch?v=stsnlTZG84Y#t=3m12s
Topic: Exchange Bitgold to Bitcoin (Read 3600 times)
