How does pecunix work?
The idea of using gold to underwrite an Internet payment system is not new: Gold Based Internet Currencies – or GBICs – have been around on the Internet since 1995. GBICs have now processed billions of dollars in Internet transactions, and that figure will only get larger as more consumers and merchants tune into the benefits of using gold as a payment medium. Pecunix is, however, unique among GBICs.