Yes, mines could become a bank.
Whether Its Time For Silver-Backed Crypto |
Seeking Alpha
In fact, I think that ultimately we may have a gold- and/or silver-backed crypto currency that is government mandated, once faith in fiat currencies is completely lost and a reset is required. That new currency will have both intrinsic value and the conveniences of crypto. And if that currency is on a blockchain which logs all transactions, then it can be very secure.
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Here are a few companies that are active in this space. For example, Aurus (Making Gold As Easy As Money) has built a platform allowing refineries, distributors and vaults to autonomously tokenize precious metals. There are other similar developments: …
https://seekingalpha.com/article/4430149-time-for-silver-backed-crypto
“Becoming your own bank” …
Swan Signal – A Bitcoin Podcast: Max Keiser and Simon Dixon – E79 … “Becoming your own bank”
Max Keiser and Simon Dixon – E79
Swan Signal – A Bitcoin Podcast
Listen on Apple Podcasts: https://podcasts.apple.com/us/podcast/max-keiser-and-simon-dixon-e79/id1503581478?i=1000557787393
#bitcoin #crypto #fiat #endthefed