RE:FeesDebit card issuers earn fees from each transaction processed for their clients. BitGold investors were promised those earnings makes it possible to waive storage cost. The debit card was the big game changer and why investor believed Roy Seabag could profit share holders....................My "complaining" was Not as an account holder, but from an investor's point of view.................................Link to a 2015 promotion of new company:
megabid wrote: For all small account holders who are complaining: If you have less than $20,000, I would suggest buying a $35 Wal Mart fireproof safe and buy some gold coins and stash it there.,
As for myself, I have a 3.5 cubic foot TL15 safe installed in my basement which I paid $2000 for, stuffed with silver, gold, and platinum Maple Leafs which I started accumulating in the late 1980s.
I also have a low six figure account with Goldmoney which I consider a bargain when compared with buying and sellng physical coins.
If any service is not worth $10/month to me, then I definitely should not use that service.
A business has to make money off all of its clients, not just a few.
Compare that with any other storage business. TD Bank charges $125/year to rent a large safety deposit box.