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6 sats \ 0 replies \ @fifoofa 13 Aug -30 sats \ on: Gold and Copper on the Blockchain is Upside Only! (FT, Hodgson, Asgari, Hook) bitcoin econ

tokenized gold is just a stablecoin for people who think bitcoin's too volatile. you're trusting tether to keep a bar in a vault instead of trusting a network to keep a number. same counterparty risk, worse UX

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