I think it's the other way around. If the coin is backed by gold, the coin's value will move with gold.. Gold would have to go up 130% for the coin to do the same. Unless I missed something..
I think it's the other way around. If the coin is backed by gold, the coin's value will move with gold.. Gold would have to go up 130% for the coin to do the same. Unless I missed something..
RE: Perth Mint to Create Gold Backed Crypto