Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Stable Coins Forum => Topic started by: sirty143 on May 03, 2020, 05:10:19 PM

Title: Africa: COVID-19, Gold Demand and the Gold-Backed Stablecoin Opportunity
Post by: sirty143 on May 03, 2020, 05:10:19 PM

Africa: COVID-19, Gold Demand and the Gold-Backed Stablecoin Opportunity

(https://i.imgur.com/db9Myj5l.jpg)

The third decade of the third millennium is returning humanity to the gold standard, but this time it will be backed with decentralized ledger... See more for yourself here (https://cointelegraph.com/news/africa-covid-19-gold-demand-and-the-gold-backed-stablecoin-opportunity).

Your opinion is greatly appreciated.

Title: Re: Africa: COVID-19, Gold Demand and the Gold-Backed Stablecoin Opportunity
Post by: Senin on July 04, 2020, 05:45:19 PM

Now our world has a good opportunity to return to the gold support of national currencies, however, on a different, more advanced basis of blockchain technology. This opportunity is provided by stable coins of the central banks of states and such a return will cost much cheaper than using conventional currencies.
If the global economic crisis begins soon, then this may push the new world to radical transformations in the global financial system and then a return to the new currency secured by gold is quite possible.

Title: Re: Africa: COVID-19, Gold Demand and the Gold-Backed Stablecoin Opportunity
Post by: jonathancool220 on July 17, 2020, 04:39:53 PM

I think Africa has more advanced thinking compared to other countries because Africa prefers Gold to be made as a stable coin.
The point is that African countries have more confidence in trading gold with USD in the form of cryptocurrency when compared with other altcoins.

African countries understand better financial problems in the form of gold and diamonds because African countries produce more gold and diamonds from around the world.

Title: Re: Africa: COVID-19, Gold Demand and the Gold-Backed Stablecoin Opportunity
Post by: wawan96 on July 20, 2020, 04:12:54 AM

good chance for gold stablecoin to evolve and improve the potential to be in the interest in the industry and the country Africa want to make the opportunity to create a volume of gold stablecoin because COVID-19, the government must move to stop the economic crisis in Africa is certainly gold stablecoin could be an option.

Title: Re: Africa: COVID-19, Gold Demand and the Gold-Backed Stablecoin Opportunity
Post by: kent47400 on August 10, 2020, 07:53:35 PM

I hate it the most when I discuss the Covid-19 news because I think this is an annoying disease.
Now that the Coivid-19 is on the radar of a stable coin based on gold and on the cryptocurrency radar, is this crazy?

Africa is now open to cryptocurrency and Gold is the key to building their business, this is the right time for Africa to rise in cryptocurrency !