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Topic: Crypto backed assets - page 2. (Read 233 times)

legendary
Activity: 1904
Merit: 1277
January 11, 2019, 06:04:06 AM
#5
Anybody know of any crypto-currency backed by actual assets?

I only know of one crypto-currency backed by assets.

Well, stablecoins in theory are backed by the equivalent in fiat... although this is always a contentious point, and Tether is never free from controversy.
hero member
Activity: 1974
Merit: 856
January 11, 2019, 04:25:12 AM
#4
The other crypto that's backed by assets are the exchange coins such as kucoin shares, binance coin and other tokens that are owned by big exchange companies.
But are they really backed by something? Of course holding those tokens gives you a "dividend" of some sort, but it's not like they are comparable to stocks where you actually own a part of the company...
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
January 11, 2019, 03:49:40 AM
#3
You posted this and you posted again in another section with the same question. I advise you to lock the topic you created today and just stick to this discussion. Going back to the question, I'm not sure if those 'gold' backed up crypto's are for real if many are existing I believe only few of them are real. The other crypto that's backed by assets are the exchange coins such as kucoin shares, binance coin and other tokens that are owned by big exchange companies.
hero member
Activity: 868
Merit: 500
January 11, 2019, 01:09:14 AM
#2
Anybody know of any crypto-currency backed by actual assets?

I only know of one crypto-currency backed by assets.

I know of Xarum hich is backed by real Gold, but for me this idea is either too primitive or to early in te live of digital currencies,when we call something digital there is reason for this, Dollar is never backed by anything and most of the currecies inthe world but trust, people trust BTC enough to value it at $3600 and this should be the way things should work in digital space
newbie
Activity: 6
Merit: 0
January 10, 2019, 05:13:53 PM
#1
Anybody know of any crypto-currency backed by actual assets?

I only know of one crypto-currency backed by assets.
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