Post
Topic
Board Announcements (Altcoins)
Re: 🔥[ANN][ICO] Red Pill Coin - The Decentralized Currency Of The Future🔥
by
termonator61
on 01/12/2017, 08:55:24 UTC
Good afternoon. As far as I understand, your crypto currency isn’t protected by any assets. I believe that this makes it less stable than others ones that are protected by assets. What about attaching it to gold or platinum?

No, it’s  exactly the opposite. If you attach crypto currency to assets, it will directly depend on traditional rates, which can be influenced not only by states, but even by transnational corporations.
But after all gold exists for so long, and considers to be one of the most areas directions to invest in. If the currency depended on it, there would certainly be no problems.

Look: if the currency was attached to gold, the speed of growth of its value would be limited by the speed of growth of the value of gold itself, even if the demand for crypto currency was huge.