/biz/ - Business & Finance

>>10152750
no with my idea theres no central company that keeps all the gold

you go to a agency and register that you have gold and they confirm it by testing the gold and then you go back home with your gold but now you can spend it with crypto

if you spend it then the guy who you bought something from is able to go to the agency and the agency then contacts the original person who has the physical gold and tells them to bring it to the agency to give to the other guy

if the physical gold owner doesnt bring the gold after a certain period of time theyll get blacklisted and it will spread that this person is a scammer