Diamonds are "measured" in CARATS first of all. Usually 1 gram is equivalent to 5 carats. And a 5 carat diamond can be worth between $100 - $100k depending on color, quality, clarity etc.
I really don't see how you can call this "STABLE".
Talking about "backed by diamonds" ... how many grams do you have to back your coin?
Value is that of a 1 gram (5 carat), UNCUT diamond, which is around 100$. So far i have 50 grams of diamond.I really don't see how you can call this "STABLE".
Talking about "backed by diamonds" ... how many grams do you have to back your coin?
Thank you for your opinion.