Russia just started to tokenize gold. A blockchain platform built by Russia’s largest banking institution, Sber, has been used to issue digital assets based on gold. - The Great Awakening - Where We Go Qne, We Go All!

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Russia just started to tokenize gold. A blockchain platform built by Russia’s largest banking institution, Sber, has been used to issue digital assets based on gold. (twitter.com) 🔍 Notable

posted 1 year ago by CastleRock 1 year ago by CastleRock +296 / -0

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– lkjsdf9845 2 points 1 year ago +2 / -0

Digitized gold requires you to trust the guy who is holding all the gold.

Whereas Bitcoin gives you the same functionality of gold, WITHOUT having to trust some guy to hold the gold.

Therefore the proper solution is to use Gold in the physical space, and Bitcoin in the digital space, and allow the two to trade against each other on the free market.

This way you don't have to trust some guy to hold your money, and you have full access to both the physical and digital spaces. This also enables you to use Bitcoin for wiring gold.

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– VetforTrump 1 point 1 year ago +1 / -0

They also sell gold that doesn t exist. O different that the fxp guy

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