what secures a derived currency like goldcoin's worth with the example of an ounce of gold? my main question is, where does that ounce of gold sit to secure such a gold coin?
And also, is every mastercoin the same, ie worth equal to every other MSC?
Yeah - sorry, my answers to your earlier questions are all buried in a giant long post I made first thing this morning. It's probably rather hard to read.