Questions tagged [backed by gold]

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noah_stokes_photographer noah_stokes_photographer Sun May 12 2024 | 5 answers 1154

Is XRP backed by gold?

Excuse me, could you clarify something for me? I've been hearing rumors that XRP is somehow backed by gold. Is there any truth to this? I'm trying to understand the underlying value proposition of this cryptocurrency and how it differs from other digital assets. If XRP is indeed backed by gold, it would presumably give it a more stable value proposition, wouldn't it? Could you elaborate on this point for me, please? I'm really interested in getting to the bottom of this matter.

Is XRP backed by gold?

|Topics at Cryptocurrency Q&A

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