Joshua Scigala - CEO At Vaultoro.Com - Bitcoin Backed By Physical Gold
Finding Genius Podcast
Richard Jacobs
4.4 • 1K Ratings
🗓️ 5 July 2018
⏱️ 25 minutes
🧾️ Download transcript
Summary
Joshua Scigala is the co-founder of the first real-time bitcoin/gold trading engine on the market.
Vaultoro is backing bitcoin with physical gold that is vaulted for the customers in top-tier Swiss gold Vaults. The technology behind Vaultoro makes it the most transparent exchange on the market, both publicly and privately audited. Vaultoro enables billions of people to start using the bitcoin payment network without the volatility risk.
Transcript
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| 0:00.0 | Welcome to Almost Here, Around the Corner of Future Technology Podcasts with Richard Jacobs. |
| 0:07.0 | Future Technologies is to transform our lives for better or worse or the focus of this podcast. |
| 0:13.0 | Almost here means these technologies are now here and starting to be used. |
| 0:17.0 | Or just around the corner, for Bitcoin to artificial intelligence, |
| 0:21.0 | 3D printing, blockchain, virtual reality, and more. |
| 0:25.0 | Hello everyone and welcome to Future Tech Podcast. I'm your host Juliet Lamar and joining us today we have |
| 0:33.8 | Joshua Shigala he is a CEO at valtoro.com welcome Joshua. |
| 0:40.3 | Hi how are you Juliet? I'm fantastic. |
| 0:44.0 | I'm so excited to learn more about Voltoro. |
| 0:46.8 | You were, you were, you know, chatting earlier about how it's, how it's a vault, like you put in your |
| 0:50.9 | anything special. |
| 0:52.2 | And then Toro is the word for gold which I thought was very clever. |
| 0:57.0 | Thank you yeah Volt and Oro Spanish for gold. |
| 1:00.0 | We started three and a half years ago to be able to make trades between Bitcoin and physical allocated |
| 1:07.4 | bullion and because I got sick of Fiat money. I wanted to focus also on allocated bullion |
| 1:18.8 | because a lot of exchanges were going broke, Bitcoin exchanges were |
| 1:22.2 | either getting hacked or and when they did go broke liquidators |
| 1:26.4 | would come in and just take everyone's the rest of everyone's money just |
| 1:31.0 | you know lawyers they just snack away and where it's gold it's not on the |
| 1:36.1 | exchanges it's not on our books so if anything ever happened to us it doesn't |
| 1:40.3 | matter the client's gold is in their name as their legal property in a high security |
| 1:44.4 | voting facility in Switzerland so it's not something that liquidators can touch and that |
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