Agreed. I am seeing bits that Russia, China and Trump are moving in that direction. Before the US did not have enough gold to execute the change. I believe that Trump has secured more than enough gold to make it happen.
For the time being cash will still be used but it’s hard to imagine a future with it. We are living in the digital age and I think eventually all financial transactions will be digital as well. Regardless I agree that digital assets still need to be backed by physical gold and silver
So no cash?
The best option is a HYBRID currency that is both digital and physical, ALL backed by Gold/Silver.
Agreed. I am seeing bits that Russia, China and Trump are moving in that direction. Before the US did not have enough gold to execute the change. I believe that Trump has secured more than enough gold to make it happen.
This!
For the time being cash will still be used but it’s hard to imagine a future with it. We are living in the digital age and I think eventually all financial transactions will be digital as well. Regardless I agree that digital assets still need to be backed by physical gold and silver