Rimrock Gold Corp (RMRK)

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The Gold Market bottom fell Out with the way the Economy , off "Gold Standard", is Structured.....But...."Gold Backed Cryptocurrencies" ....If that is believed to become the Trend .....Will Revive the Gold Mining Industry....

Both Bitcoin and Gold are "Finite" ....

Bitcoin (and most other cryptocurrencies) are designed to have a fixed supply. Once 21 million Bitcoins have been mined, there will be no more to mine. Thus, Bitcoins, being purely mathematical abstractions, are amongst the most scarce commodities in the known universe. Which means that their scarcity value is much greater than gold, silver, or any physical commodity.
As of this writing, about 75% of all Bitcoins have been mined?—?the last one is projected to be mined around the year 2045. This is why some futurists predict that (a) cryptocurrency will eventually replace gold; (b) replace the U.S. Dollar as the world’s reserve currency; and (c) the price per Bitcoin will eventually increase over a thousandfold to reach $1 Million per coin.

https://medium.com/@RafeFurst/the-value-of-cryptocurrency-675e7c790979


But if One reads the Other Links .... there is a Trend Toward Backing the CryptoCurrency with GOLD......Which would be a NEW Gold Standard...!!

The Demand for Gold in this case May Reverse and if So ..Gold Goes North with the Growth of Cryptocurrncies...!!!

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136207691

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136207727

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136207754