after the hysteria rush into Gold and Silver the problem wi…
after the hysteria rush into Gold and Silver the problem will be how to spend coins that are worth $10,000 each (or even more). the solution is to issue paper notes and electronic tokens built on BSV backed by the Gold and Silver 1:1
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This is a must. Is dormant Amleh Gold the company to make this happen? Or do we need the Twetch founders to save the day again?
https://twetch.app/t/e9cd3c32839f9b86e08976bb06a038ee7a9c0cd3dc45e3a3367f9eaae0f5753c
is this possible without centralization tho
I own metals, but I don't understand how they can efficiently be used in trustless transactions.
wen ⚡ ... 😱
Golightwonks™
I really don't think so!!
Probably places at shopping centres you can exchange like you would exchange for normally cash is my guess and the paper notes would be worth $1 gold standard with a digital token on BSV, just gotta wrap ur head around the $ changing but looking the same
Then my next guess is because the dollar will be on BSV we can get rid of bonds and birth certificates meaning the whole debt system we have now that’s causing us so many problems wouldn’t be needed
I think I'm missing something... why would bitcoin, as envisioned by many in BSV (nirvana of it being the 'one' chain/money) need to be backed by metal?
it does not actually , but if it was would be like gold standard