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RE: Most crypto is in the Red, but.....

in #cryptocurrency7 years ago

the thing with btc is....it is like usd of crypto world. in order to buy a lot of coins you have to buy btc first then you can buy them for btc. so in a sense it is reserve currency. and in times of volatility it has proven to be safe haven relative to alts. but gold backed crypto is sounds good....why no one did it yet? there are 800 cryptos already :D