RE: A digital currency to preserve wealth.

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florian-glechner (76)in #bitcoin • 6 years ago

So as i understood this the KAU coin is reflecting the gold Price? Or am i wrong

6 years ago in #bitcoin by florian-glechner (76)

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hatu (76) 6 years ago

It is backed by gold, but is not just tokenized gold.
It is spendable.

Consider it as the new Gold Standard: gold as a liquid currency.

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florian-glechner (76) 6 years ago

Ok thanks for the explanation.

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