In an exclusive interview with Queen Telegraph, Machinsky, the inventor of Voice over Internet Protocol (VOIP), discussed the introduction of the last platform to support Tether Gold (XAUT), describing his support For gold encoded as a bridge for users from fiat currency to uncorrelated and decentralized assets.
Celsius adds support for gold
Machinski said: For the first time in history, gold is gaining interest in gold .. Every week we present to you a piece of gold above the gold you already own, with gold.
He continued that this was never present in history .. every time you buy gold, you had expenses, and you had storage fees, insurance fees, or fees Funds - fees, for fees, for fees. However, we have a positive return of 3% or 4% annually.
With the addition of gold, Machinsky stated that Celsius now provides support for an unrelated and stable asset - providing a bridge for users who may not be interested in crypto assets but are interested in moving from Banknotes and non-linked assets.
He said: Most people own approximately 100% of their assets denominated in their local currency. So they have real estate, they have bonds, stocks, whatever.
He continued by saying: They have all these things in one basket, and they do not realize that it is one basket. They have either zero or almost zero non-correlated assets.
Maschinsky added: I think every person should own from 2% to 5% of their portfolio in [disconnected assets] as insurance against reduction.
Celsius plans to expand commodity offerings
Looking at the future, Machinski stated that Celsius wanted to add support for other unencumbered encoded assets and other commodities.
And he said: I really want to add silver, and maybe even some commodities if we can code them and get the return. We want this unique blend of non-bonding and return, and I think if we have a portfolio that is wide enough it will enable many people to join.
He continued: Maybe people join ...
