Why Nostr? What is Njump?
8r0ck3feller / 8R0ck3feller
npub1h4l…2jcm
2024-09-24 01:58:16
in reply to nevent1q…y8rx

8r0ck3feller on Nostr: I don’t think that is accurate. A lot of rich people who had gold reserves ...

I don’t think that is accurate. A lot of rich people who had gold reserves collateralized their gold for bank loans which were in turn invested in “guaranteed” priority debt claims on projects … which also included yields on projects.

Debt (priority) claims are very attractive for numerous reason on a sound money standard.
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npub1h4lrzqnrne72xj00yl3zzr0k6qn93cqe5g4vvkfechs6mn89mwyqfa2jcm