A "gold backed" crypto is a nonsensical notion. Think about it. A crypto is a formula recorded very securely. The recording system is excellent so you have a very secure formula that noone can pinch - a bit like your own personal vial of Everest air! How does it get gold backed? Gold costs money. Someone would have to buy the gold!
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A "gold backed" crypto is a nonsensical notion. Think about it....
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