You are viewing a single comment's thread from:

RE: Exploring Silver Backed Cryptocurrency

in Silver Gold Stackers • 3 years ago

Who the heck holds it? 😂
I wouldn’t advertise this as holding anything. Third party risk for physical is anti everything decentralized crypto is meant for. This model is moronic.
It’s a cool idea but just can’t work ever. You need physical storage and that can’t be trusted by a third party without huge risk.

Sort:  

Exactly the reason it'll never happen :D