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RE: Digital gold, gold backed Cryptocurrency

in Project HOPE4 years ago

Hello @emiliomoron, I believe that the alternative of backing some cryptocurrencies with important assets such as gold or oil is more than asserted, since these and other natural resources rarely suffer large price drops (except oil and we already know why), this is what generates confidence, the feeling of price stability and the "safe" support.

really thanks for this information, I had not heard of these cryptocurrencies, I will investigate a little more about it.

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Hi @tocho2, really the feeling of stability makes people put their eyes on these alternatives, at least gold is a resource that rarely depreciates in value. Thanks for commenting friend, greetings!

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