China is bringing out it's own crypto and it will be backed by gold. The crypto currencies out at the moment have no backing whatsoever and rely on market sentiment. The weak American dollar will be replaced by Chinese crypto all over the World and will become the International Standard. This is why China has been hoarding gold for years; so it has the physicals to back the currency. IMO and watch this space. Gold will rise with the REAL Cryptos that have physical value.
POG, page-23
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