Zimbabwe's Central Bank Set to Launch P2P Platform for Facilitating Gold-Backed

[sirty143]

Zimbabwe's Central Bank Set to Launch P2P Platform for Facilitating Gold-Backed Digital Currency Transactions

The Reserve Bank of Zimbabwe has said it is getting close to launching a peer-to-peer platform which will facilitate digital gold token transactions. The central bank said the launch of the platform is expected to help reduce... See more for yourself here.

Your opinion is greatly appreciated.

[Peter90]

Zimbabwe's Central Bank Set to Launch P2P Platform for Facilitating Gold-Backed Digital Currency Transactions

Governor John Mangudya said the tokens have a value which is “linked to the London Bullion Market Association (LBMA).”

https://news.bitcoin.com/report-zimbabwes-central-bank-set-to-launch-p2p-platform-for-facilitating-gold-backed-digital-currency-transactions/


Not a good idea if the gold price in London gets manipulated!
But anyway: when fiat currencies collapse people turn to gold