Welcome to Gaia! :: View User's Journal | Gaia Journals

The cryptographic protocol of Bitcoin allows it to manage the double cost downside that had beforehand been a barrier to such devices. Its value is backed by USFIA's gem mines, and the foreign money can by no means depreciate, as it's gemcoin backed by its equal in valuable stones. BitCoin multiplied its value by greater than 16000 occasions from launch to high level, without any intrinsic value at all.

We've got no doubt that our GemCoin goes to be a huge success, and doubtless more so than the BitCoin. At launch, on September 1, 2014, one GemCoin was worth $zero.05, and one month later the value is greater than 35 % further up. Its value is backed by USFIA's gem mines, and in addition the currency could by no means depreciate, as it's backed by its equivalent in precious stones.

Its worth is backed by USFIA's gem mines, and the foreign money can never depreciate, as it is backed by its equivalent in treasured stones. BitCoin multiplied its value by more than 16000 occasions from launch to high point, with none intrinsic value at all.