inb4 US invasion or coup/civil war
Iran announces gold-backed cryptocurrency
Iran can't mem-
GOLD
tfw still no ww3
gold backed crypto doesn’t make any sense at all.
How do you figure? It's just like Tether except with gold
Can you buy gold with a credit card?
They're pretty much online gold certificates. Ok whatever.
Do newfags here really not understand the implications of that?
you are right
you are wrong
Yes
No reason another crypto service couldn't be used to receive gold then.
what are the chances that this will lead to war ?
nice explanation, you seem really intelligent
Look what happened in Venezuela months after they announced their own gold and oil backed cryptocurrency called Petro (which ultimately ended up being defunct and never took off)
is there any way I can short this?
Gentlemen, Saudi Arabia already has this.
>onegram.org
Although in terms of economic stability, Iran seems to be better off than Venezuela
Correct
>give up your gold for digital coin that can be taken away at any time
HAHAHAHAHAHAHAHAHAHAHAHAHA
Stay poor, pajeet
Also, fuck jannies
So...when moon, when lambo?
based UN memeflag Jewish globalist poster