The Rise of Gold-Backed Cryptos

``Dozens of these gold-backed cryptos are now sprouting up. And the potential is enormous... the potential audience for gold and cryptos is very similar. The people who believe that there should be mediums of exchange that aren't government-sponsored will adopt both cryptos and gold. Second, we saw how the distributed ledger could make the inefficiencies of the gold trade go away, to the benefit of all users.''