Nayib Bukele's Bitcoin advisor, Max Keiser, reminds us that the dollar is constantly devaluing.
🏅Keiser believes that a gold-backed stablecoin would be a more efficient option than projects like USDT and USDC.
🌍The expert suggests that countries like Russia, China, Iran, and Saudi Arabia should explore this alternative.
A gold backed stable coin? What could possibly go wrong!?
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I think Tether already has a gold token.
They do but it's still pretty niche. Beats a dollar backed token I suppose
History tells us it’s a good idea. 👍🏻
