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.
I don't think this is a good thing. because backed up is just a term for a business that has a capital surplus and wants to guarantee that type of asset, besides that does not mean anything else. But in the crypto market, nothing is real. I have seen that Jetcoin has invested in several football clubs and it doesn't make any sense. In my opinion, only blockchain technology can change our crypto market.