Fiat Currency Concerns Give Rise to a Gold & Silver Backed Online Payment System
October 2, 2006 -
Came across this site which is pretty interesting. There is a company incorporated in the United Arab Emirates and Malaysia that offers gold and silver backed online transactions, though fees are quite high at 1% of transaction and an additional 1% storage fees.According to the website, this is how the system works: "the e-dinar is the …
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