Post
Topic
Board Altcoin Discussion
Merits 7 from 1 user
Re: Diamond Backed Stablecoin
by
bitmover
on 04/05/2020, 18:24:03 UTC
⭐ Merited by suchmoon (7)
How do you plan to store it?
Gold and silver stable coins are much to be backed by and audited as there are many ETFs around. Those coins are like a crypto paper gold backed.

There are a few diamond etfs as well. I don't think you plan storing your coins back up in your house.

Why do you think some investor would sponsor your project? Shouldn't you try to go to big diamond holders(like etf admins, such as srpott) and present your project to them?