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Governments simply cant help themselves when it comes to messing with money, but lets see what the implementation looks like, after all, Zimbabwe launched a gold-backed currency (ZiG) and from what i understand, it failed.
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Governments simply cant help themselves when it comes to messing with money, but lets see what the implementation looks like, after all, Zimbabwe launched a gold-backed currency (ZiG) and from what i understand, it failed.
At least, we are seeing the global dollar reserve system unravel.
We've already seen how gold standards degenerate into fiat, so that will probably just happen again with this new currency block.