> Gold is not backed by gold.
Gold is backed by the Strong Nuclear Force :)
http://www.m-w.com/cgi-bin/dictionary?book=Dictionary&va=strong+force
A fundamental physical force that acts on hadrons and is responsible for
the binding together of protons and neutrons...
Is this example right??
If someone prints 10 dollar e-gold notes, they could be backed by 1 gram
of gold. 1 gram notes might be backed by 1 gram. And 1 gram inventory
receipts would be 1 gram.
e-gold is gold. 50 grams of e-gold is any 50 grams of e-gold's stash.
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