Reply To: What is your opinion of a gold based crypto like PAXG ?

[tccadmin]

We’re actually starting to build out gold-backed crypto directory over on Dollar Collapse. So far we’ve looked into Lode (seems to have liquidity and execution issues), and we’re about to publish an overview of Tether Gold.

The biggest problem with gold-backed cryptos (and vaulted gold) is regulatory. So far I haven’t found one where you could frictionless buy some, and then when you need to, redeem it out in physical some place other than the jurisdiction in which you’ve been KYC-ed.