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RE: Australian Gold Refinery Announces Plan to Develop Cryptocurrency

in #bitcoin7 years ago

very interesting since many currencies were gold backed in the past. This might serve as an opportunity to buy some cheap gold, if crypto-related gains coupled with bitcoin gold buying sites weren't good enough.

oil backed coins may make people money, but f*ck the worlds dependence on crude IMO, we need to move away from oil anyway

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true ... no more material backed currencies ... we need only people backed ...

In any case, only development awaits us))))