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RE: The Collapse Will Be Driven By A Credit Collapse, Has The Date Been Set? - Episode 1315a
Gold Backed crypto sounds like very good idea. But why would a crypto currency needs to be backed by gold? I think only Fiat can be backed by gold as it has no value. Crypto is already backed by the technology.
Good point if you rerad the white paper they will be reinvesting into the coin , so what is now 1 gramm per coind could effectively be 5 gramms per coin , either way may attact some investors here with 2 benefits 1. the technology and 2 Physical Gold backing