And how would you guarantee that asset A backed by B, wont just end up as a fraction of B that keeps shrinking, just like the dollar did during all the time it was backed by gold.
Let's face it, "backed by" simply won't work. It's like communism, looks good in theory but won't work in reality. Whatever medium of exchange we use must have intrinsic value in itself. Cryptocurrency is the only digital asset that has intrinsic value, gold and silver has it too.
The enemy is the banking cartel, the federal reserve, social credit and sleepy Joes handlers.
Us over here in the sane corner would rather it be backed by something with intrinsic value like gold but okay.
And how would you guarantee that asset A backed by B, wont just end up as a fraction of B that keeps shrinking, just like the dollar did during all the time it was backed by gold.
Let's face it, "backed by" simply won't work. It's like communism, looks good in theory but won't work in reality. Whatever medium of exchange we use must have intrinsic value in itself. Cryptocurrency is the only digital asset that has intrinsic value, gold and silver has it too.
The enemy is the banking cartel, the federal reserve, social credit and sleepy Joes handlers.