Custom Designed on Nostr: Gold is difficult and expensive to exchange for small transactions (unless coins ...
Gold is difficult and expensive to exchange for small transactions (unless coins become commonplace again). Bitcoin is slow and expensive to exchange for small transactions like coffee. Bitcoin has layer 2 protocols like Lightning Network. An almost identical Lightning Network would work for gold. Send AUs electronically, when balance offset between two nodes gets high - send physical gold (with accompanying expense for insurance and security).
Published at
2024-10-30 22:29:47Event JSON
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