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What if we backed up Dash with Gold? Dash would become the first Gold backed currency (again)

Discussion in 'Dash' started by Deadpool, Oct 13, 2017.

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    Deadpool

    Deadpool Guru Staff Member Moderator Networker Investor

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    SInce before before Gold had been a universal store of value. In fact, paper money was developed as a means to transfer Gold value without it being to heavy to carry(more secure).

    What if we assigned a portion of the masternode mining profits and started buying Gold to back up the Dash currency?

    Dash would become the first crypto currency backed with gold, with time it would account to a considerable backing and would fundamentally from an economic point of view replace paper money with Dash (in its initial role as a way to move gold)