Uh, fiat money is backed by G7?... before I put you on ignore I give you the pleasure of making a penny on my response ... seems all the information here has been over your head ... on purpose of course. One more time ... fiat money is paper promises to pay the debt note you hold by the ability of future taxpayers and as such is losing value daily. Goldmoney is not backed by the co. as you well know. It is actual gold you have purchased in your name, vaulted and independently audited for assurance. It is no one's debt. It is the Asset of the BitGold owner. Read the company's information ... but then you already have.