He is paying 16% interest these days.
Backing it with gold may be a no choice solution at some point.
I’m pretty sure that I posted to you at one point that I own BTC but also owned egold. I’m not nearly as optimistic as the others. I’m a believer in if one doesn’t lose money from time to time, one is not taking on enough risk.
GL with your positions.
People are losing faith in their governments and when you have currencies backed by the faith and good will of the government..