Quote from: donalfonso on April 14, 2018, 10:26:53 PM

Gold backed crypto will mean that particular crypto currency will be accepted as an alternate means of payment or exchange in that country. And it will probably need some form of government backing for this to be possible

Yeah it also means that cryptocurrency will be much like XRP which is centralized,why are you here ? to kiss the banker's ass? most of us here are for the decentralization that is why centralized cryptocurrencies shouldnt be supported by the community and it will never will,cryptocurencies are decentralized in nature which is why these types of projects arent going to achieve success.