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Crypto Backed By Gold China. The project would involve creating and launching a crypto token that is backed by gold. Dollar to zero, this according to max keiser. Gold and bitcoin prices will continue to surge as the dollar collapses to zero like ‘every piece of garbage fiat before it’. I can tell you that the cryptocurrency that china's rolling out will be backed by gold. Number one, china's got 20,000 tonnes of gold, number two, we're rolling out a crypto coin backed by gold, and the dollar is toast, keiser told kitco news.
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Like many other pundits, keiser says that china has a lot more gold than it lets on, amounting to 20,000 tons. — vladislav ginko (@martik) april 9, 2019. Gold and bitcoin prices will continue to surge as the dollar collapses to zero like ‘every piece of garbage fiat before it’. Under this new framework, nations won’t need to export more to china than they import so they have enough yuan to trade. Dollar to zero, this according to max keiser. Since china is the world’s top buyer of gold and has been storing up gold in its bank reserves, it wouldn’t be surprising if this new cryptocurrency is also backed by gold. It just lives in a digital wallet on a smartphone, rather than a physical wallet. China’s big move for the 21st century is to pull a “trap door” on the u.s. Agau agau is a cryptocurrency that gets its name from the chemical symbols for gold (au) and silver (ag).
Dollar to “zero,” this according to max keiser, host of the keiser report.
There are three main types of centralized, collateralized stablecoins: Dgx has a market capitalization of approximately usd 4mn and a daily trading volume of approximately usd 240,000. Gold and bitcoin prices will continue to surge as the dollar collapses to zero like ‘every piece of garbage fiat before it’. China’s digital cash is designed to be an electronic version of a banknote, or a coin:
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