What is Nostr?
Jeroen Ubbink
npub1wet…j2dp
2025-01-25 06:37:44
in reply to nevent1q…l5sp

Jeroen Ubbink on Nostr: I don't see how it could. To me the main problem of paying with gold is that it is ...

I don't see how it could. To me the main problem of paying with gold is that it is rather hard to divide gold into usable pieces. Or if you want to "consolidate" your gold "utxo's", so you don't cary a bunch of gold dust in your pockets, requires you to invest into an oven or something.

While this significantly hampers gold's usabilty for a transaction we have already proven that with bitcoin, this is not the case. People can try to force it in the "digital gold" direction yet there are already many tools in place that will allow people to hand out small pieces of it anyway.

The genie is already out of the box, anybody can theoretically use it and accept it so i think the train is way past the "digital gold" station.
Author Public Key
npub1wetqn3lvuj562f32ecccsq0y0xpeffvssu37cl2tfruyrdyg505sdej2dp