| Digital currency may be very different from crypto currency. |  | ||
| Re: Russ, I have a question that you might be able to answer. A comment was made that Russia is working on a digital currency with plenty of gold to back it up. Is that possible? If so, could that cause us to go to war with them? -- Dee Wee | Post Reply | Top of thread | Forum |
Posted by: LateForLunch ®  02/05/2022, 05:29:59 Author Profile Mail author Edit |
Crypto currency has no fungible assets to "back it up". It is a horse of a different color entirely. It only has the value the group which trades it assigns to it (through a sort of involuntary consensus) on a minute-by-minute basis. Modified by LateForLunch at Sat, Feb 05, 2022, 05:30:52 |
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