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/biz/ - Business & Finance

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17908083 No.17908083 [Reply] [Original]

Is it possible?

>> No.17908157

>>17908083
Jews will always find away to ruin any currency.

>> No.17908198

>>17908083
there was a saudi project like that. forgot the name.

>> No.17908376

XAUT
N E W F A G G O T

>> No.17908827

>>17908083
Kraken/PAXG centralized

>> No.17908844

>>17908083
Only with a decentralized oracle network

>> No.17908866

>>17908083
No idea, but gravel-backed crypto definitely is.

>> No.17908928

>>17908083

No, jews would find a way to steal the gold.

>> No.17909016
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17909016

>gold-backed cryptocurrency

>> No.17910672

>>17908083
Already done both by legit governments (Australia) and private companies (DAO and a few others).

>> No.17910762

>>17908844
Checked and actually true.

>> No.17910938

>>17908083
It is, and it went horrible wrong. The value of "crypto" currency is exactly the "CRYPTOGRAPHY" part and nothing else. If you as a state want money backed by gold or dollar just go out and do it with normal currency, there is no need to do it with cryptocurrency.

It really baffle me how people here cannot even grasp the concept of "state" and what it does

>> No.17911004

>>17908844
do you have an example of one? Preferrably one thats not a centralized eth shitcoin?

>> No.17912051

>>17909016
Kek

>> No.17912056

>>gold backed crypto
>>buy a 1080 and mine overnight
>>wake up to 0.00000001g of gold dust spraying out of my disc tray
what do you think

>> No.17912084

That's retarded and you should feel bad for humouring this thought.

>> No.17912085

>>17908083
What on Earth would be the point?