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Thread: Where does Awimb stand on the whole crypto currency revolution? I was quite keen on

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  1. #1
    Quote Originally Posted by Rich View Post
    I don't really understand how someone can just make up a currency that isn't backed by a central bank somewhere.

    Surely the only people using it are criminals?
    You realise, of course, that currency wasn't backed by central banks for thousands of years?

  2. #2
    Quote Originally Posted by Burney View Post
    You realise, of course, that currency wasn't backed by central banks for thousands of years?
    Gold standard.

  3. #3
    Quote Originally Posted by Peter View Post
    Gold standard.
    Quite. A completely arbitrary measure of a currency’s value - just like all the others.

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