Sunil RajDec 19, 2021 · 3 years ago8 answersWhat are the potential risks associated with a digital currency backed by oil?
What are the potential risks that can arise from using a digital currency that is backed by oil reserves? How might this type of currency be affected by fluctuations in oil prices and geopolitical tensions? Are there any concerns about the environmental impact of using oil as a backing for a digital currency? How might the reliance on oil reserves affect the stability and value of the digital currency?
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