Topic: cryptocurrency pegged to gold - page 2. (Read 3789 times)
Who would be in charge of guaranteeing convertibility ? Basically there would be some big safe somewhere, where people could exchange their golden bitcoins into physical gold.
This would expose the storage facility to government seizure.
I'm sure this has been talked about here before, but I can't find any threads dealing with it specifically.
What would be the advantages/disadvantages of having a cryptocurrency pegged to gold rather than just floating as BTC is? something like e-gold but with the hard to track nature of bitcoin.
What would be the advantages/disadvantages of having a cryptocurrency pegged to gold rather than just floating as BTC is? something like e-gold but with the hard to track nature of bitcoin.
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