2023-05-10
... so what's not to like?
Yes we are talking about money.
Not fiat money whose purchasing power evaporates at the whim of the central bankers, not crypto that can disappear in a puff as soon as you forget your pass-phrase (or other reasons), but gold-backed money that we can accept and offer to others in exchange for goods and services.
Based on a debit MasterCard account so in theory usable everywhere.
None of which guarantees that purchasing power will not change (rules of supply and demand still apply) and I'm sure there's a rake-off somewhere to reward the inventors for their time and energy invested, but that's (hopefully) wholly reasonable and likely not a patch on bank charges, hidden or otherwise.
Standard disclaimer - this is not financial advice, it is just another something that maybe we should be aware of.
(37 minutes)
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