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To: discostu
Third World marketplaces commonly have moneychangers. They routinely take gold coins and bullion and convert them into one or more preferred currencies.

In 2023, inflation ravaged Zimbabwe issued gold coinage and announced plans for a gold backed crypto currency. In a pinch, when the local government has destroyed the value of its currency, gold money -- and a gold-backed crypto -- beckon as a way back.

105 posted on 12/30/2023 6:57:06 AM PST by Rockingham (`)
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To: Rockingham

Yes places where the legal tender, that you put so much weight into, is useless paper they like gold. People will always believe one of the lies.

Meanwhile do you think any of the 250 companies that take this crypto app (there are many) https://bitpay.com/directory/ will give you change for a gold coin?

Crypto is more useful right now than gold.


106 posted on 12/30/2023 11:50:32 AM PST by discostu (like a dog being shown a card trick)
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