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RE: New Coin is backed by GOLD!

in #bitcoin7 years ago

You have raised a very interesting point, but it seems Petrocoin did raise a great deal: Reuters.

Regardless of that, DEC is different because DEC is not state-issued and is not meant to be transacted for the purpose of being backed by liquid assets; the backing entirely acts as a liquidity measure. The main purpose of DEC is to be used unlock the utilities Darico offers.

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