The Gold Standard Online
from the e-gold dept
Why isn’t digital money working? Perhaps because it’s not backed by gold. At least that’s one theory going around. Of course, to solve this, there’s a company that’s preparing to launch a new digital currency backed by actual gold. I thought we got off of this whole gold standard thing a while back…
Comments on “The Gold Standard Online”
Paper money is not back by gold either.
Paper money is not backed by gold either, it hasn’t for decades.
Re: Paper money is not back by gold either.
And sarcasm is apparently this ‘new’ thing…. 🙂