It won't be just China mining the moon. Makes you think how gold backed currencies are a great solution until someone mines an asteroid with a gillion tons of gold.
Yep, I think that's the solution. Iraq floated an idea for a currency called the eDinar. It'd be both blockchain and gold backed. It never came to fruition because Iraq has not reached international status in the WTO.
Both very good points.
It won't be just China mining the moon. Makes you think how gold backed currencies are a great solution until someone mines an asteroid with a gillion tons of gold.
Then all the sudden a crypto currency with a hard cap kinda makes more sense...
Yep, I think that's the solution. Iraq floated an idea for a currency called the eDinar. It'd be both blockchain and gold backed. It never came to fruition because Iraq has not reached international status in the WTO.
*Gajillion
Gold is the perfect store for value no matter how much there is. Until we do, we will never have re all money.