Peter Schiff has been saying you can tokenize gold and then Bitcoin won't be needed (in order to send value at the speed of light)
He suggests we hand over gold to a dealer who issues a token, and then send those tokens around. Who regulates the issuance? How would such a network be set up? Would they allow Russia or Iran on it? Wasn't this the same structure banks were founded anyway?
At this point, I think Peter is keeping up his stance because it would be too embarrassing to flip at this point.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments