I see this all the time, XRP new currency for banking! Send 100M for 0.30cents!!
But why wouldnt US Gov just make a blockchain for Gold and Silver and just have it regulated by a treasury to keep a balance/tally of total gold & Silver divided by number of treasury 'dollars' to represent a solid currency.
Who in their right mind would trade an ounce of Gold for XRP which is already circulated, & owned by other people already? You may as well just give away your gold. Cause somebody else beat you to it.
There is no way in my mind that this is the plan for future currency. There has to be a treasury to buy and sell the gold for a currency. It should be blockchain to track it. But why not just make a new system from scratch or use BRICS?
Does this chain of 'logic' not make sense to anybody else?
XRP seems useless to me in a Gold & Silver environment.
