Post
Topic
Board Announcements (Altcoins)
Re: [ANN][GoldReserve][XGR]X11 Unique Stabilizer Fund, BACKED BY GOLD NOW!
by
Rage19420
on 06/08/2014, 21:42:54 UTC
In the future if XGR will be tradeable for Gold (or XGR purchased back using Gold funds) would the XGR be destroyed to maintain the same level of gold backing per coin?

When you trade a coin for cash and or gold then the receiver would own the coin. No need to destroy as it is not an end of line transaction.