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Thursday, May 07, 2015

Hayek: Cryptocurrency backed by gold is Coming

http://www.businessinsider.com/hayek-cryptocurrency-backed-by-gold-2015-5

The coin will "be valued at 1 gram of gold at the day's market price, [and] will serve as a more secure store of value than Bitcoin," according to the press release. It will be called the Hayek, "after the Nobel-winning Austrian economist Friedrich Hayek." 

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