Life at the Top

Chapter 2490

Snow’s question was exactly what Jagoan wanted.

The answer to Snow’s question was in their next plan.

“Snow, you are right. If you want to better promote this digital currency system, you need a physical endorsement. Then what are you planning to do?”

Snow was curious, and then he started to mutter to himself, “Gold will definitely not work. Gold is already a universal currency. If gold is used as collateral, the significance of Bitcoin will be greatly weakened. It would be like gilding a lily…

“Silver is definitely not good either. Silver corrodes easily and is essentially a carrier whose value cannot be retained for a long time. If you use it as collateral, it is equivalent to saying that Bitcoin is a constantly depreciating asset. This is contradictory to the idea of designing a deflationary demand system to allow Bitcoin to appreciate.”

Snow loved to think, so before Jagoan could answer, he began to think about the answer himself.

As he thought about it, Snow’s frown deepened. He listed many precious metals, but in the end, he found that none of them were suitable.

look, Jagoan reminded him, “How about

that, he realized, “Yes, oil is

and more oil is mined, its supply and demand curve will be in the same deflationary direction as Bitcoin, so it’s suitable! And, oil has never been used as currency, so

it, the more he realized that what Jagoan said made sense. Hence, he became more excited. “Laine, you are a

that he threw himself at Jagoan.

anything, Jagoan quickly stretched

have the custom of

“Laine, I’m

he turned around and saw Jagoan, who seemed eager to

for a while. However, Jagoan probably would not

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