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cognoscere on scored.co
1 month ago0 points(+0/-0)
https://www.goldback.com/
One alternative that has gained a little traction. The bills are impregnated with gold (or silver). The smallest is 1/1200 oz.
But why so much trouble for all this? Can we not simply transact in gold and silver coin? A 90% silver dime is worth $1.65. So at .999 about two bucks. Coin like the 19th century half dime, one buck. There must be another metal that would value for smaller amounts. Once minted they last forever with none of the vast water and electricity usage of mining, storage, and transacting.
A big cash heist is a couple million. A big hacker heist is a couple billion. We are living at an inhuman scale and one day there will be a painful reckoning.
One alternative that has gained a little traction. The bills are impregnated with gold (or silver). The smallest is 1/1200 oz.
But why so much trouble for all this? Can we not simply transact in gold and silver coin? A 90% silver dime is worth $1.65. So at .999 about two bucks. Coin like the 19th century half dime, one buck. There must be another metal that would value for smaller amounts. Once minted they last forever with none of the vast water and electricity usage of mining, storage, and transacting.
A big cash heist is a couple million. A big hacker heist is a couple billion. We are living at an inhuman scale and one day there will be a painful reckoning.