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.

Snow’s distressed look, Jagoan reminded him, “How

was stunned for a moment. After that, he realized,

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 direction as Bitcoin, so it’s suitable! And, oil has never been used as currency, so there is no functional overlap with Bitcoin! The most important thing is that the country we

it, the more he realized that what Jagoan said made sense. Hence, he became

that he threw himself at Jagoan. Right now,

Jagoan could say anything, Jagoan quickly stretched

doesn’t have the custom of

said embarrassedly, “Laine, I’m sorry, I was too

okay, I understand.” Jagoan smiled. Then, he turned around and saw Jagoan, who seemed eager

be “excited” for a while. However, Jagoan probably

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