Hemanth BheemasettiDec 25, 2021 · 3 years ago3 answers Do any cryptocurrencies have a gold reserve to support their value?
Are there any cryptocurrencies that have a gold reserve to back up their value? I'm curious if any digital currencies have taken the approach of linking their value to physical gold reserves, similar to how some traditional currencies used to be backed by gold. Is this a common practice in the cryptocurrency world, or are there only a few select cryptocurrencies that have adopted this strategy?