Crypto Gold Standard is Coming?

serf

Interesting movements with G-20 with digital cashless currency with suppose gold standard?

                            serf

       https://www.youtube.com/watch?v=_Nyo4GCWCVo

Ricci.Wright

And now it is gone.

mjrfd99

Invest in lead. 
My investments are soaring.

select-fire

Digital currency is coming. Poof... electronic failure..money gone.

Ricci.Wright

Remember the dot com bust?? " That company is worth billions" "Yea, what do they make?" Well, nothing, but they are worth billions. 

serf

select-fire said:

Digital currency is coming. Poof... electronic failure..money gone.

        I am not writing about a Bit-coin third party system.This is the IMF-G20 deal. Of course gold has not been mention yet. But it will be cashless and tracked by The IRS, DEA and Interpol if I was betting on The A.I. system being in use to monitor it.

 I imagine it has a battery back up system with static memory system for all outages in transacting & for any future investigations by authorities.

                                              serf

          https://www.nasdaq.com/articles/imf-world-bank-g20-countries-to-create-central-bank-digital-currency-rules-2020-10-12

According to the report, by the end of 2022, the G20 members, the IMF, the World Bank and the BIS will have completed regulatory stablecoin frameworks and research and selection of CBDC designs, technologies and experiments.

bustedknee

Can I bury my bit coins in an ammo box under the apple tree in my yard.

If no, how secure is that?

serf

bustedknee said:

Can I bury my bit coins in an ammo box under the apple tree in my yard.

If no, how secure is that?

  If you have a water proof usb data stick,you can! However if you don't leave your password for it in the box,no dice.

                                              serf