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RE: Xaurum and Hello Gold - Semi-Anachronistic Gold Based Blockchain Projects

in #gold6 years ago

It is extremely important that we not mix assets! The smart money will always seek diversification. I like my crypto and my precious metals and my realestate and my stocks as separate as possible. In fact, by claiming that one crypto is "more legitimate" because it is backed by gold, we open the door for governments to further discredit decentralized cryptocurrencies under the guise of "they aren't backed by anything". This is a slippery slope. And remember, at least in the US, no one has seen the gold reserves in years.