Graham Kelly wrote:
Sidd, I agree with you, but your argument doesn't even allow for non gold
backed ecurrencies,
Sidd wrote:
So let's re-word my original statement. IMO Pecunix and Goldmoney are more serious because they have PROOF that they have the gold in a vault...
Ah, but the same holds true... if I was interested in non "gold-backed" currencies (which I am not), I would require to see proof of the value underwriting the currency before I could trust it. It's simple, either the value is proven to be there, or you have a potential OSGold.
Regards,
Sidd.
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