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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST
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maceng2
To: bull_dozer who wrote (209003)11/17/2024 8:50:32 PM
From: TobagoJack1 Recommendation   of 217585
 
re <<The U.S. should combine the strengths of gold-backed systems with blockchain technology's benefits.>>

... absolutely, and first-mover of scale is PAXG which runs on the public ETH blockchain
... HSBC has been operating its regulated tokenised gold for past few months also, and all good but unclear to me what (private?) blockchain HSBC uses
... I have position in PAXG in order for 24/7 trading as and when / if necessary
... I have ETH to go with my BTC
... am supportive of tokenized gold initiatives for win-win outcomes
... market cap of PAXG trending from healthy to healthier, a good trajectory, see below mkt cap chart

coingecko.com
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