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Thread: Anthem Blanchard Discusses Gold Backed Cryptocurrency

  1. #1

    Default Anthem Blanchard Discusses Gold Backed Cryptocurrency

    Check out this interview of our CEO Anthem Blanchard discussing Gold backed Cryptocurrency with MadBitcoins: https://www.youtube.com/watch?v=9TBW...ature=youtu.be



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    That didn't turn out too well for Egold https://en.wikipedia.org/wiki/E-gold
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  4. #3

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    anytime power is centralized, the point of failure is found.

  5. #4

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    Other alternatives: http://www.cnbc.com/2015/04/02/tired...cked-coin.html

    Other commodity-backed cryptocurrencies are more esoteric. Consider the Uro Foundation's UroCoin, also launched last year, which is supposedly backed by 1 metric ton of a widely used fertilizer called urea. It's meant to track the rise in energy and food prices.

    CannabisCoin, one of the more actively traded commodity-backed currencies on the cryptocurrency exchange Bittrex, has been gaining traction. The coin is backed by 1 gram of pharmaceutical-grade cannabis.
    Some gold cryptocurrencies were bitcoin operators trying to expand their market. In this case, I think it is a gold dealer trying to expand their market to bitcoin users.
    Last edited by Zippyjuan; 03-21-2017 at 04:47 PM.
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