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by whb07
1960 days ago
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The people who have $10 Trillion in gold savings beg to differ. There is a growing market for loans using crypto as collateral. Using crypto to transact frees up the added financial costs required for charities, non profits , and regular businesses to thrive. |
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Well this is why I said it's dangerous if this becomes a trend. Gold has been tamed. After disastrous episodes, people have learned the lesson and businesses don't keep too much on their balance sheet. As far as I know, Tesla doesn't own 1.5 billions in gold. If they did, and this became a trend, gold might become dangerous to the economy too.