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
a moment. After that, he realized, “Yes, oil is good. Why didn’t I
to the harshness and necessity of its production location, its value is no less than gold. Moreover, it is limited. As more and more oil is mined, its supply and demand curve will be in the same deflationary
Snow thought about it, the more he realized that what Jagoan said made sense. Hence, he became
threw himself at Jagoan. Right now, he wanted to
quickly stretched out his hand to stop
Snow, Somerland doesn’t have the custom of
embarrassedly, “Laine, I’m sorry, I was too
turned around and saw Jagoan, who seemed eager to try the
a while. However, Jagoan probably would not have stopped her
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