• shortwavesurfer@monero.town
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    8 months ago

    I did, and while they are using gold as a backing mechanism, that is a good thing. However, I suspect that will not last very long, and instead the individuals should hold the gold themselves and use that as a medium of exchange. If the currency has been lost 16 times, that clearly means the government is completely irresponsible.

    • pancakes
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      8 months ago

      You might need to give it one more reading

      • shortwavesurfer@monero.town
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        8 months ago

        Okay, what did I miss? I realized that I said 16 instead of 6 currency devaluations, but otherwise I don’t see what I’ve missed.