Crypto Backed By Gold China. Dollar to “zero,” this according to max keiser, host of the keiser report. It is yet unclear whether the currency will be backed by any physical assets.
I can tell you that the cryptocurrency that china's rolling out will be backed by gold. One cryptocurrency expert, max keiser, revealed on his podcast that china intends to use cryptocurrency to devalue the us dollar. What’s certain is that once beijing announces a digital currency backed by gold, it will be like the u.s.
Gold could serve as a direct back up;
Agau agau is a cryptocurrency that gets its name from the chemical symbols for gold (au) and silver (ag). China secretly hoarding gold and will unleash crypto backed by metal and destroy usd. China using cryptocurrency to create a trap door. Keiser added that bitcoin is a superior form of currency to gold.