--- title: "Meaning & Key Takeaway of: Investing In Gold Not everyone would…" description: "\"“Investing In Gold Not everyone would associate Ethereum with investing in gold, but that is exactly one of its uses. Using a process developed by Digi..." image: "https://sms4smile.com/quotes/i/573/ikuya-takashima-55677_investing_investing-in-gold-not-everyone-would-ass_1066503.jpg" --- # Investing In Gold Not everyone would associate Ethereum… ![“Investing In Gold Not everyone would associate Ethereum with investing in gold, but that is exactly one of its uses. Using a process developed by Digix, users can use tokens to buy gold on the Ethereum blockchain. How does this work? Using the Digix app, you can exchange either Ether or fiat…” quote by Ikuya Takashima](https://sms4smile.com/quotes/i/573/ikuya-takashima-55677_investing_investing-in-gold-not-everyone-would-ass_1066503.jpg) [Download](https://sms4smile.com/quotes/i/573/ikuya-takashima-55677_investing_investing-in-gold-not-everyone-would-ass_1066503.jpg) [Open image](https://sms4smile.com/quotes/i/573/ikuya-takashima-55677_investing_investing-in-gold-not-everyone-would-ass_1066503.jpg) > ““Investing In Gold Not everyone would associate Ethereum with investing in gold, but that is exactly one of its uses. Using a process developed by Digix, users can use tokens to buy gold on the Ethereum blockchain. How does this work? Using the Digix app, you can exchange either Ether or fiat currency (real-life money) with gold tokens. This gold is linked to the Singaporean gold vault through a complex crypto-code. Whenever the user wants, they can switch their gold tokens for actual pieces of gold without needing to go through an intermediary or paying any large fees. This also opens up the possibility of creating similar processes for all sorts of commodities.”” [Ikuya Takashima](https://sms4smile.com/quotes/author/ikuya-takashima/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Tokenizing gold on Ethereum lets users buy, hold, and redeem physical gold via blockchain, bypassing traditional intermediaries and fees. **In simple terms:** Gold can be owned digitally on a blockchain. Key Takeaway Use blockchain to own commodities directly. Themes finance technology commodities Mood optimistic analytical Type informative educational When to use this quote - investment portfolios - wealth preservation - commodity trading - remittances Key Concepts tokenization decentralization asset-backed tokens Questions to Reflect On - How does digital ownership affect trust in physical assets? - What risks exist when redeeming tokens for real gold? A Different Perspective Regulatory uncertainty can limit adoption. ★ ★ ★ ★ ★ No ratings yet [Buy Gold](https://sms4smile.com/quotes/about/buy-gold-870098/) [Currency](https://sms4smile.com/quotes/about/currency/) [Gold Ethereum](https://sms4smile.com/quotes/about/gold-ethereum-2632985/) [Gold Tokens](https://sms4smile.com/quotes/about/gold-tokens-2632986/) [Investing](https://sms4smile.com/quotes/about/investing/) [Investing Gold](https://sms4smile.com/quotes/about/investing-gold-2625440/) [Life money](https://sms4smile.com/quotes/about/life-money/) [Tokens Gold](https://sms4smile.com/quotes/about/tokens-gold-2632987/) ## Related quotes > [Investing in gold is one of the wisest decisions that you can make as an investor.](https://sms4smile.com/quotes/fabrizio-moreira/investing-in-gold-is-one-of-the-wisest-decisions-that-you-can-make-as/) [Fabrizio Moreira](https://sms4smile.com/quotes/author/fabrizio-moreira/) > [Never buy gold, simply earn it](https://sms4smile.com/quotes/mary-kom/never-buy-gold-simply-earn-it/) [Mary Kom](https://sms4smile.com/quotes/author/mary-kom/) > [When I was on tour, people would say "We don't need a value-based currency, we can go out and buy gold and silver with…](https://sms4smile.com/quotes/bernard-von-nothaus/when-i-was-on-tour-people-would-say-we-don-t-need-a-value-based/) [Bernard von NotHaus](https://sms4smile.com/quotes/author/bernard-von-nothaus/) > [We look at gold from the view of the Indian market, which loves to buy more and more gold.](https://sms4smile.com/quotes/nirmala-sitharaman/we-look-at-gold-from-the-view-of-the-indian-market-which-loves-to-buy/) [Nirmala Sitharaman](https://sms4smile.com/quotes/author/nirmala-sitharaman/) > [Gold is a great thing to sew into your garments if you're a Jewish family in Vienna in 1939, but I think civilized people…](https://sms4smile.com/quotes/charlie-munger/gold-is-a-great-thing-to-sew-into-your-garments-if-you-re-a-jewish/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [Buy gold and sit on it. That is the key to success.](https://sms4smile.com/quotes/franz-pick/buy-gold-and-sit-on-it-that-is-the-key-to-success/) [Franz Pick](https://sms4smile.com/quotes/author/franz-pick/) > [I think gold is a great thing to sew onto your garments if you're a Jewish family in Vienna in 1939, but civilized people…](https://sms4smile.com/quotes/charlie-munger/i-think-gold-is-a-great-thing-to-sew-onto-your-garments-if-you-re-a/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [If you have faith in our leaders of commerce, don't buy gold. If you do not have faith in them, maybe you should buy…](https://sms4smile.com/quotes/robert-kiyosaki/if-you-have-faith-in-our-leaders-of-commerce-don-t-buy-gold-if-you-do/) [Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/) > [I try to do the right thing with money. Save a dollar here and there, clip some coupons. 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Life's not about money.](https://sms4smile.com/quotes/rory-macdonald/you-know-what-life-s-not-about-money/) [Rory MacDonald](https://sms4smile.com/quotes/author/rory-macdonald/) > [People change as their finances change, When people get broke you find out who ur friends really are](https://sms4smile.com/quotes/2much4you2touch/people-change-as-their-finances-change-when-people-get-broke-you-find/) [@2muCh4you2touCh](https://sms4smile.com/quotes/author/2much4you2touch/) > [Life's money hungry will starve here.](https://sms4smile.com/quotes/unkown/life-s-money-hungry-will-starve-here/) [Unkown](https://sms4smile.com/quotes/author/unkown/) > [“A huge mistake that many of us make is to work hard our entire life for money and not require money to work for…](https://sms4smile.com/quotes/daniel-willey/a-huge-mistake-that-many-of-us-make-is-to-work-hard-our-entire-life/) [Daniel Willey](https://sms4smile.com/quotes/author/daniel-willey/) > [Life is not about money.](https://sms4smile.com/quotes/andrew-mason/life-is-not-about-money/) [Andrew Mason](https://sms4smile.com/quotes/author/andrew-mason/) > [I don't measure my life by the money I've made. Other people might, but certainly don't.](https://sms4smile.com/quotes/warren-buffett/i-don-t-measure-my-life-by-the-money-i-ve-made-other-people-might-but/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) ## More by Ikuya Takashima > [“The Internet of Things First of all, what is the Internet of Things? The Internet of Things is the link between the internet and…](https://sms4smile.com/quotes/ikuya-takashima/the-internet-of-things-first-of-all-what-is-the-internet-of-things/) [Ikuya Takashima](https://sms4smile.com/quotes/author/ikuya-takashima/) > [“Insurance is expected to be revolutionized thanks to blockchain technology. The technology can streamline the user experience by using smart contracts that can automate…](https://sms4smile.com/quotes/ikuya-takashima/insurance-is-expected-to-be-revolutionized-thanks-to-blockchain/) [Ikuya Takashima](https://sms4smile.com/quotes/author/ikuya-takashima/) > [“Stablecoins The ground is currently being laid to set the way for a new type of currency –the stablecoin. What is the stablecoin? The…](https://sms4smile.com/quotes/ikuya-takashima/stablecoins-the-ground-is-currently-being-laid-to-set-the-way-for-a/) [Ikuya Takashima](https://sms4smile.com/quotes/author/ikuya-takashima/) > [“Social Networks Censorship on social media is common, especially on forums. 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By late 2013, the…](https://sms4smile.com/quotes/steve-hanke/in-2008-bitcoin-was-mysteriously-introduced-to-the-world-in-an/) [Steve Hanke](https://sms4smile.com/quotes/author/steve-hanke/) [Browse all 1,256 Currency quotes ](https://sms4smile.com/quotes/about/currency/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "“Investing In Gold Not everyone would associate Ethereum with investing in gold, but that is exactly one of its uses. Using a process developed by Digix, users can use tokens to buy gold on the Ethereum blockchain. How does this work? Using the Digix app, you can exchange either Ether or fiat currency (real-life money) with gold tokens. This gold is linked to the Singaporean gold vault through a complex crypto-code. Whenever the user wants, they can switch their gold tokens for actual pieces of gold without needing to go through an intermediary or paying any large fees. 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