FYI
Starting January 28, 2014, everyone can now exchange BTC for XNF, even without an active ripple wallet, through direct payment to NoFiatCoin's Bitcoin wallet.
http://www.nofiatcoin.com/announcements.html
Topic: Bullion backed digital currecny-XNF (Read 495 times)
Bullion makes Crypto's "Real Money" I found their FB Page here:
https://www.facebook.com/pages/Nofiatcoin/674903562530966
https://www.facebook.com/pages/Nofiatcoin/674903562530966
Yeah but as i mentioned earlier, XNF is traded on ripple which will be biggest hurdle for them. Ripple is centralized network and people don't like it specially bitcoiners!
Bullion makes Crypto's "Real Money" I found their FB Page here:
https://www.facebook.com/pages/Nofiatcoin/674903562530966
https://www.facebook.com/pages/Nofiatcoin/674903562530966
There is a digital currency NoFiatCoin-XNF which is backed by bullion. Currency is traded on ripple and can be redeemed for bullion.
Is there a need to have something like bullion to back a digital currency?
Is there a need to have something like bullion to back a digital currency?
People will decide if there is a need for digital currency to be backed by bullion. In a few months things will get clear. A lot will depend on the company as how they process bullion redemption.
There is a digital currency NoFiatCoin-XNF which is backed by bullion. Currency is traded on ripple and can be redeemed for bullion.
Is there a need to have something like bullion to back a digital currency?
Is there a need to have something like bullion to back a digital currency?
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