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Tag Archives: Cryptoassets

Gold Stablecoins

“The only reason that cryptocurrencies exist is because of regulations that stop us from using gold as money.” Peter Schiff Key Takeaways Similar to gold-ETFs, all of the gold-backed cryptocurrencies on the market are centralized. This means they have counterparty risk. Unlike storing your own physical gold, gold-backed cryptocurrencies require you to trust a company…

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