how can we verify the supply of gold "backing" this currency? it must be "trust us bro" kind of situation
BRICS Gold-Backed Common Currency To Be Introduced In August
An official announcement in this regard will be made at the bloc's summit in Johannesburg, South Africa, in August.
https://www.nobsbitcoin.com/brics-gold-backed-common-currency-to-launch-in-august/
Discussion
Exactly. Mainly because of the long history of strong corruption in these county.