An idea that Ive had for a while is, why arent we buying and selling things in gold thats on the blockchain?
It would be easier for everyday people to understand.
Decentralized companies can hold the gold in various vaults across the globe, instead of the current structures which are mostly based in Switzerland and London.
I feel like the structure can and should change. Finance was monopolized and centralized for so long, and I feel like that is now shifting, I think that finances are now being democratized and we should capitalize on this change that is happening, to create a new financial infrastructure.
If we were to store tokenized gold in a web3 wallet it would also most likely appreciate in value and even more if there were options to Stake it.
Decentrilzed gold and silver for buying and selling sounds like a good idea in my opinion, does anyone think the opposite or have a good counterpoint?
I know that PAXG and XAUT already exist but they arent being marketed in the way that it could be marketed in my opinion.
Thanks for reading.
Why dont we just USE Tokenized gold?
By B. Em | Stack of Sticks | 7 May 2025
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B. Em
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Stack of Sticks
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