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RE: UK's Royal Mint Launches their Own Gold-Backed Crypto | Royal Mint Gold (RMG)

in #royalmintgold • 8 years ago

backed by precious metals defeats the purpose of the crypto,
And just leads back to the same system which is falsified now with fiat originally been backed by gold or other metals. Why go bak to what proved itself to be a faulty system?

8 years ago in #royalmintgold by
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     8 years ago 

    I can’t help but agree. The “official” aspect of it is intriguing, it’s nice to see something as big as the UK Royal Mint taking interest, but I also feel like it defeats the purpose of cryptocurrency in itself.

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