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1973d · ethereum
Ethereum [ETH] Breaks $200; Will Ethereum Be a True “Digital Gold” Platform?
http://coingape.com/?p=62492
replied 1973d
Ethereum was never designed to be world money, but instead a world computer. The fact it's better P2P money than BTC shows the sad state of it.
replied 1973d
The article is not about digital money, but about digital gold.
replied 1973d
You can create a token pegged to physical gold price if you want..
replied 1973d
There is already Tether gold https://gold.tether.to
replied 1973d
That would mean you would not have a maximum supply limit for the token.
replied 1973d
ETH also has no limit
replied 1973d
the limit is defined by a function
replied 1972d
What? The token would be backed by a crypto asset naturally.
replied 1972d
It would be interesting to have a crypto backed by another crypto that was backed by a crypto that was backed by paper that was backed by gold and silver.