RE: Why The Royal Mint Jumped Into Digital Currency. My Theory

You are viewing a single comment's thread from:

Why The Royal Mint Jumped Into Digital Currency. My Theory

in crypto-news •  8 years ago 

We just need to know if their crypto is open source.
It could be a game changer if it is.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I can't say for certain, but I say no. Considering you will have the ability to take physical possession of the gold that backs it, open source would seem too risky. The currency will probably track the gold market so that probably means it can't be mined either. Personally, I think it will fall apart after a few years, for lack of interest. Unless gold investors like it, then they would be the ones using it.