Post
Topic
Board Altcoin Discussion
Re: Coin backed by multiple assets
by
alrose
on 08/12/2019, 21:07:46 UTC
You will definitely find a lot of coins professed to be backed by so many assets, which mainly could be digital, but I still prefer those backed by real physical assets. Gold is a real asset and there are some backed by real estates. Backing a coin by an already established coin, might sometimes not be substantial enough, because anything can happen along the line.
Show me at least one project that has a coin backed by gold? Even if there is information about it on the project website, it does not mean that it is.