Does anyone have a point of view on a crypto coin which is backed by Gold!
XRP is backed by banks and is a "centralize" coin.Meaning they can trace it. I would also think Bitcoin because of the limited supply and it is the "Gold" standard.It is a de-Centralized coin...More anonymity.
The Ripple coin (XRP) is a currency option on the Ripple network. It can be used by banks to source liquidity on demand in real time, and by payment providers to expand reach into new markets, provide faster payment settlements and lower foreign exchange costs. Ripple Price Analysis: How Far is XRP’s Most Awaited Bull-run?
Yes, I have an opinion on Crypto Gold!
Here it is... As long as the banks, Central banks, the FED, JP Morgan, Goldman Sachs, the IMF, the Treasury, Black Rock or any I've missed have anything to do with it?..... Then NO!
I believe it will work & work well, Should it be managed by a functional conglomerate, voted by the majority "Crygold" token holders at that time. Rick Rule & Graig Hempke would be my 1 st picks.
Edit: Oh! and Gerald Celente!....to Keep the bastards Honest! Bhahaha!
The majority of Bitcoin is owned by a few whales with ties to the Rothschild's. Bitcoin is the attempt by globalists to create another fiat money system, another diversion from the true value of gold and silver and a gold backed monetary system. I have heard that there is a backdoor in every wallet and all transactions can be traced. The idea that computer code has intrinsic value within itself is absurd. I am amazed that this "Ponzi scheme" has progressed this far.