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New Gold-Backed Cryptocurrency: Hayek

Posted: Mon Jun 08, 2015 7:59 pm
by MachineGhost
[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]

Re: New Gold-Backed Cryptocurrency: Hayek

Posted: Tue Jun 09, 2015 10:43 am
by Libertarian666
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.

Re: New Gold-Backed Cryptocurrency: Hayek

Posted: Tue Jun 09, 2015 11:29 am
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?