/biz/ - Business & Finance

>>54878551
I'm not sure if the gold you load up your balance with turns into a debt like in a regular bank account. I think it's more like a custodial kind of arrangement where you retain ownership until it's converted into/sold for fiat when you buy something with the card. But in practice it's not much different except they would be crminally liable if they gamble away your gold so the stakes are higher. The nice thing is the transparent compatibility with legacy fiat currency systems but personally I don't see much value over a crypto card because gold and silver are something I want do be able to use physically and anonymously. It's a bit of a vanity thing at that point but I guess it still beats handling or worse, touching fiat to pay for things. I'm so disgusted by what people call money that I hate touching it and it shows. Which looks weird to normans because I treat their ajmighty god like the smelly turd it is. They just can't see it the way I do. It's not even naturally antimicrobial for fucks sake. Gross. If you hate crypto anything and want to side-step debt tokens for day to day transactions it's still a cool trick, though.

>>54498424
one really interesting thing i never realized i never clued in on is just how thin some ancient coins were, especially coins from europe / the UK from the early middle ages were. Their basically flat sheets of metal with an emboss on them, the smiths were using as little silver as possible back then, obviously because there wasnt much to trade for.