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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

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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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