With their crypto backed by gold at least the price should be stable, at least follow the guidelines of gold itself, maybe even more value since it is backed by a precious metal..... We will see
A few questions too....
- Will it be a set amount created?
- Will it be minable?
- If it is minable, how? POS POW something else?
- Will they take half of their metal and use that to back the crypto? If so if the run out of gold and someone buyes the backed metal will users get cash for their share in exchange for taking the crypto that was backed by the sold gold?
Things to ponder.....