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Is there a “Crypto” tied to Gold?

Posted on 8/21/23 at 11:13 am
Posted by Kujo
225-911-5736
Member since Dec 2015
6031 posts
Posted on 8/21/23 at 11:13 am
Never really believed in fake money prop’d up on demand for fake money.

Is there one that’s tied to gold, ie. You deposit funds and whatever you deposit is converted to gold shares. You may “bank” with the account through a debit card, and it works globally as you aren’t tied to any one currency, only the relative price of gold.

Seems obvious, but only thing I’ve found is the Zimbabwean Digital Gold.

LINK


Seems everyone around the world who trusts the gold standard over governments who whimsically print money may choose to migrate to a “global gold standard”
This post was edited on 8/21/23 at 11:20 am
Posted by KillTheGophers
Member since Jan 2016
6593 posts
Posted on 8/21/23 at 12:02 pm to
I am going to respectful stay out of this discussion but I anticipate this thread becoming multiple pages long.
Posted by notiger1997
Metairie
Member since May 2009
60812 posts
Posted on 8/21/23 at 12:23 pm to
LOL
Posted by WB Davis
Member since May 2018
2327 posts
Posted on 8/21/23 at 12:46 pm to
Convert a "limited supply of nothing" to gold?

Like getting a kosher hot dog with bacon.
Posted by 21JumpStreet
Member since Jul 2012
14774 posts
Posted on 8/21/23 at 1:33 pm to
Tether Gold and Pax Gold. "Supposedly"
Posted by LordSaintly
Member since Dec 2005
40625 posts
Posted on 8/21/23 at 2:20 pm to
Pax Gold I think.
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