Lode coin ?
Crypto currencies backed by gold and silver ?...
I know its been talked about before but...
Interesting new developments in the crypto world, Lode coin and AGX coin...
check out the website
https://ag.lode.one/
This is just one of a few.... below is a video with a talk about it by David Morgan
What do you guys think ?
Logistics and security would have to be intense to have an accounted vault.
Anthemgold is another one
what do you guys think of that one ?
If they can make this stuff work then.. wow....
Keep on stacking and enjoy the video
Buy moar phyzz 👹👹👹
Certainly sounds like a great idea!
yea... sounds
Im not convinced 100% on this one, I listened to a David Morgan report about it, and it is interesting, but it is also a huge gamble! My 1 issue is that someone is generating or mining the blockchain tokens in the background, but you buy tokens and it is represented by the USD value of 1.85g silver or 1g gold.
Do the tokens in the background exist? can these folks sell them one day and rake in a profit while it crashes the rest, with no physical asset backing those tokens? These are my questions for now, I may throw a few LTC at it and see... If it works, it should be a stable crypto until the silver price goes way up.
yea, the theory is great but getting it to work ...thats the problem
Cryptocurrencies have evolved to the next level. The project idea is good and hopefully its gonna have even more advantages soon. Are you personally interested in this coin ? Have you invested in it ?
Thank you for contributing to the Steemit Community.Keep up the great work and I'm looking forward to your next posts.