MARKZ : This is a gold and asset backed digital currency, 22 MARCH

 MarkZ  

 [via PDK]  

 Article:  “IRAQ CONFRONTS ECONOMIC CRISES WITH THE “DIGITAL DINAR.” THE PARALLEL MARKET IS THREATENED WITH “EXTINCTION.”

 ...When they talk about the digital dinar, it is backed by a physical measure of gold mixed with a basket of currencies from the region and oil or petrochemicals....

this is a gold and asset backed digital currency. 

They will still have cash…physical dinar notes but it will be represented by the digital...

they told us exactly what they are doing.