AU PROPOSAL:
If the community can agree that every 1 AU will be worth 1 OZ of pure gold aprox 1280 USD or 0.5136 BTC and every one who uses this coin can change it into 1 oz pure gold with every one else who accept this coin
Then the coin value will be determine on suply and demand but 1 AU will always be backed-in with 1 OZ of pure gold and the market value will be minimum 300,000 OZ
every one can gold back the coin to himself and every third party can do that but this is the main rule using this coin.
what do you think?
If the community can agree that every 1 AU will be worth 1 OZ of pure gold aprox 1280 USD or 0.5136 BTC and every one who uses this coin can change it into 1 oz pure gold with every one else who accept this coin
Then the coin value will be determine on suply and demand but 1 AU will always be backed-in with 1 OZ of pure gold and the market value will be minimum 300,000 OZ
every one can gold back the coin to himself and every third party can do that but this is the main rule using this coin.
what do you think?
i dont understand what you said, where the gold come from ? then if i have 1 au, i can trade it with 1 oz pure gold ? where it is ? is there anyone on this community want to trade my au to his gold ?
i keep hold this coin. anyone have update new wallet for aurumcoin.com?
and SIR auking this great sir. thank you i appriciate. i try mining it and hard to get 1 AU it's around 1 Week so~that worth thank you sir~