Backed by gold is just a promise. Redeemable for gold would mean something.
Discussion
Oh 100% agree. I’d feel best knowing I can get the gold any time, or physically having the gold (or silver, etc.) myself.
Backed by gold is just a promise. Redeemable for gold would mean something.
Oh 100% agree. I’d feel best knowing I can get the gold any time, or physically having the gold (or silver, etc.) myself.