So if 4200 GTC for 10 grams, that means 20.736.000 GTC = ~50 Kilos of pure gold = 41271.91 USD per kilo = ~ 2.000.000 USD to bake all coins. Well good luck with that. Also, where all gold will be storaged and how random Jhon will know that it even exist and not tranfered to your private bank account?
Lov, yes that is the value of all coins ever mined and to be mined. All gold backing GTC will be stored in the bank safe deposit box and will provide the guarantee for GTC