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RE: I won't go willingly into a Cashless Society

in LeoFinance3 years ago

With the advent of 3D printing and decentralized production, I think it's really up to people like us to push into the direction of minting our own gold/silver coins to maintain that base level of physical value storage and privacy.

The interesting thing here is that everyone seems to think that PMs are going to lose value because of crypto, but the way I see it they will gain value and usage due to abundance technology and the ability for more people to own PM, in addition to understanding why it's important.

We've already seen how these minted coins can be used as an advertising method for any given crypto: just stamp the name of any crypto brand onto the coin. Combined with NFTs to validate authenticity on-chain, crypto might even make it slightly harder to counterfeit such assets and build up the reputations of those minting the coins.

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I remember looking at buying a Bitcoin on eBay back in the day. It was a physical coin, bronze I think, with a wallet number hidden under a panel, the wallet containing 1 BTC. I was angry that it was nearly 50% premium to hold a physical Bitcoin, so I passed it by. It was 29.99 USD (free shipping).

lol, crazy.