"What an idiotic thinking. Everything has supply and demand, therefore the price is going up or down. If something is "measured" in something volatile, do you really expect that the golden backing would stop the down fall? Everything lower more than 20% than production price is literally free. Why? The beauty of production price and golden backed currency is that is has NO inflation if the market shows that it does not need it, but when the market shows that it does need it than the mint (and new golden dividends for everyone) is done. Go buy shitcoins instead "


No. Gold is a global standard and rarely drops in value in such large measure. It dropped 20.5% for a day back in the 1980's and dropped by 9% in a day in 2013.

The point of xaurum is that it is a crypto that is backed by the gold standard instead of being backed by hype.