Post
Topic
Board Bitcoin Discussion
Re: Stabilize the price of bitcoin by gold
by
qualia8
on 25/06/2011, 05:37:41 UTC
Good luck trying to back bitcoin with gold.  It's a gamble, akin to a government fixing the price.  BTC and gold are independent markets and move for related, but different reasons.  Nothing stops BTC from dropping dramatically in dollars and everyone running to you for gold.