We have seen some of the assets backed crypto coins in the market on the way and do you guys think this will be the future as this is directly based on national assets like gold and other products like charcoal and energy based products. This will help in growth of country's economy if not taken over by greedy corporatesand and and will it have government's support or soft corner in the regulator's eye as it will bring in some money from outside.
Mining assets like oil, gold, and fossil backed by crypto coins will certainly be very good for the country's economic growth and will surely get support from the government as long as they comply with policies and laws in the country. The question is "will the corporation not cooperate with the government in such matters?" I think the State and corporations are good friends to exploit the earth's resources for a wealth of government and corporation. and I don't think this is very good.