New Gold-Backed Cryptocurrency: Hayek

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MachineGhost
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New Gold-Backed Cryptocurrency: Hayek

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[quote=http://www.businessinsider.com/hayek-cr ... old-2015-5]Anthem Vault, the metals and technology company, will launch the coin on May 25.

The coin will "be valued at 1 gram of gold at the day's market price, [and] will serve as a more secure store of value than Bitcoin," according to the press release. It will be called the Hayek, "after the Nobel-winning Austrian economist Friedrich Hayek." [/quote]
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes

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Libertarian666
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Re: New Gold-Backed Cryptocurrency: Hayek

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MachineGhost wrote:
http://www.businessinsider.com/hayek-cryptocurrency-backed-by-gold-2015-5 wrote:Anthem Vault, the metals and technology company, will launch the coin on May 25.

The coin will "be valued at 1 gram of gold at the day's market price, [and] will serve as a more secure store of value than Bitcoin," according to the press release. It will be called the Hayek, "after the Nobel-winning Austrian economist Friedrich Hayek."
Excellent, except that the vault is in the US, which crosses it off my list.
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MachineGhost
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Re: New Gold-Backed Cryptocurrency: Hayek

Post by MachineGhost »

Libertarian666 wrote: Excellent, except that the vault is in the US, which crosses it off my list.
Yeah, pretty sucky that the vault is in Mormon Land.  And do they have a money transmitter license?
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes

Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet.  I should not be considered as legally permitted to render such advice!
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