Post
Topic
Board Announcements (Altcoins)
Re: [ANN] xaucoin | XAU | Rare Commodity | Gold Asset | Store of Value | PoW SHA-256
by
xaucoin
on 04/03/2015, 13:37:42 UTC
So how is this a "Gold Asset"?

You've said, "not backed by Gold yet"
Could you explain further?


XAUcoin crypto is a symbol index of precious metal gold

In regards to xaucoin becoming increasing rare and difficult to mine it should hold a scarcity value  first against other crypto currency as a trading mechanism and could be linked to physical gold stocks somehow in the future