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There's companies like Paxos that are actually audited and have a token PAXG that is backed 1:1 with actual gold reserves. The tokens themselves actually have s

There's companies like Paxos that are actually audited and have a token PAXG that is backed 1:1 with actual gold reserves. The tokens themselves actually have serial numbers that are linked to a physical gold bar.

bvirb 4y ago
That is interesting. To me I think the neat thing about Bitcoin is that the decentralization and lack of intrinsic value are exactly what make it (mostly) purely market driven. Blockchain/decentralization as a technology I'm not very sold on yet.