A subreddit devoted to all things Bitcoin has launched an all-currency converter that converts between different currencies.This one is a bit different than others, and it has a more comprehensive view of all major currencies.Here’s how to use it.The converter is powered by a custom script and requires the use of a cryptocurrency wallet (notably,…
Tag: gold backed currency
Which Gold and Silver ETFs are the best?
A Gold-backed currency is a currency that’s backed by gold, silver, or a combination of the two.A Gold ETF is a type of ETF that invests in gold.They generally offer exposure to a variety of gold commodities, and usually offer higher returns than gold-backed ETFs.Gold is a precious metal that’s found in the earth’s crust,…
Why the Saudi currency is worth a lot more than the dollar
I think this is a great example of why gold is so valuable.When I read the above article, I was shocked.The Saudi government has been using gold to finance the purchase of oil.The gold is used to purchase oil from fields. Saudi Arabia is the largest producer of oil in the world and is one of…
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