Post
Topic
Board Announcements (Altcoins)
Re: ★★★ [ANN][GTC] GUARANTCOIN ★★★ cryptocurrency backed by real gold,KGW-Fixed,Nscr
by
ReRunRod
on 27/04/2014, 22:14:25 UTC
Backing the currency by a real value is imho the right way to do it. It just works

Yup, That's how the US Dollar rolled. Until The Federal Reserve took over.. Like JFK silver currency.
Just before the gold, the currencies were backed by grain. after- it became gold itself (gold coins) the US dollars were classic gold standard model, ONE third of it was backed by gold

Well said.

I'd mine this gold if I had a bigger rig. I'd only be pushing 280KH/s @ N-Factor..

Good Luck with the coin bud!