Backing crypto currency or fiat with gold leads to centralization.

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Hong Fang & Saifedean Ammous on why the idea of backing a crypto currency with gold is silly given that it would mean trusting a third party & centralisation

The very problems we are trying to get away from by using #Bitcoin

@hfangca

@saifedean



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A place where I write, compile, and share things that interest me from a wide range of topics.