RE: India Launching First Crypto Currency Backed by Investment Grade SILVER

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India Launching First Crypto Currency Backed by Investment Grade SILVER

in cryptocurrency •  7 years ago 

I like the idea as well, the only issue I would have with this is: who holds the gold and the silver?

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7 years ago by

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      ·  7 years ago 

    Exactly. He who posses it controls it. I just wish people were more honest in their doings. You never know when someone is goin to take the money and run. I'm am definately curious how these gold/silver backed cryptos are goin to work out.

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        ·  7 years ago (edited)

      I am sceptical and would be more open to a blockchain backed precious metals exchange that would eliminate the 200 times fraud leveraging per ounce of silver that we currently have on the comex

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          ·  7 years ago 

        I'm in on that!!!

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            ·  7 years ago 

          👍

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              ·  7 years ago 

            Its our ultimate aim https://www.gramgold.net

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